A: You don’t need to do anything.

You will receive a payment from Wesfarmers of $1.00 per share on 16 December – comprising a return of capital of $0.75 and a $0.25 franked dividend.

At the same time, there will be a consolidation of shares on a 1:0.9827 basis.

Your 2,318 old shares will become 2,278 shares.