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Argo Investments Limited ( (AU:ARG) ) has shared an update.
Argo Investments Limited has announced an update regarding its ongoing buy-back program, revealing a total of 2,149,206 securities bought back before the previous day and an additional 110,854 securities on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, which can potentially increase earnings per share and support the stock price.
More about Argo Investments Limited
Argo Investments Limited is a company operating in the investment industry, focusing on managing a diversified portfolio of Australian equities. The company aims to provide long-term capital growth and dividend income to its stakeholders.
Average Trading Volume: 333,462
Technical Sentiment Signal: Strong Buy
For an in-depth examination of ARG stock, go to TipRanks’ Overview page.