Australian grocer Woolworths drops as company faces class action

Woolworths

15/12/2025 24:00

** Shares of grocery giant Woolworths WOW.AX drop as much as 2.1% to A$28.95, their biggest intraday pct loss since November 13
** Co says class action proceedings were filed on allegations of potential team member underpayments in South Australia
** Shares hit lowest level since November 28
** YTD, WOW shares down 5%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))