Coles Group Limited (formerly Coles Myer Limited) is an Australian public company operating numerous retail chains. It was Australia’s second-largest retailer, behind Woolworths Limited, until it was acquired by Western Australian public company Wesfarmers, with transfer of ownership on 23 November 2007. The corporate operations ceased at head office in Melbourne from that point, instead based at Wesfarmers head office in Perth.
Coles Group was spun-off from Wesfarmers in November 2018, with the company once again listed as a public company on the Australian Stock Exchange, containing Coles Supermarkets, Coles Express, Coles liquor division and a half-share in FlyBuys, with most of the other entities from the former Coles Group remaining as part of Wesfarmers.
Selling your Coles Group (COL) shares in 4 easy steps
We have perfected one-off share sales so you can sell your shares hassle-free. Aussie Share Sales allows you to sell your shares simply and effectively with funds transferred directly to your nominated bank account.
We specialise in the one off sale of issuer sponsored shares acquired through IPO, employee shares schemes, company floats, or inherited from deceased estates. We are also able to assist in the sale of shares in your maiden or spouse’s name.
Complete the online form
No lengthy or complex forms. Submit your application online in a few simple steps.
Verify your ID
Confirm your identity in seconds with online verification.
We sell your shares
Shares are sold quickly and securely within 1-2 business days at the best available market price. No hidden fees.
You get paid
Your sale settles in two business days. Funds are transferred via direct deposit to your bank account.
$79 + 0.79% per holding
Percentage fee is based on the value of the parcel sold. Prices are exclusive of GST.
When will you receive the money from selling your Coles Group (COL) shares?
Once you click submit on our online form you can be assured that you will receive the proceeds of your sale without delay. All share sales on the Australian Securities Exchange (ASX) have a settlement period of 2 business days (T + 2). Once settled, the funds are transferred to your nominated bank account. Generally you will received your money within 3 business days, though transfer times may occur depending on your financial institution.
Is there Capital Gains Tax (CGT) when I sell my Coles Group (COL) shares?
When you sell shares there is a tax effect. We recommend you speak to an accountant or other expert in Australian tax law in relation to the sale of your shares and CGT.