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Argo Group Limited ( (GB:ARGO) ) has provided an update.
Argo Group Limited announced a significant transaction involving a major equity shift within its shareholder base. Andreas Rialas, the Chief Investment Officer, has acquired 24,335,675 ordinary shares from Farkland Ventures Limited and Kyriakos Rialas, resulting in Andreas Rialas holding approximately 80% of the company’s total shares. This acquisition consolidates his control and interest in the company, potentially impacting its strategic direction and governance.
More about Argo Group Limited
YTD Price Performance: 43.75%
Average Trading Volume: 22,844
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.24M
See more insights into ARGO stock on TipRanks’ Stock Analysis page.