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The latest update is out from Argo Investments Limited ( (AU:ARG) ).
Argo Investments Limited has announced an update on its ongoing on-market buy-back program, detailing the purchase of 110,257 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 2,481,060. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting its commitment to efficient capital management and potentially impacting its market positioning positively.
The most recent analyst rating on (AU:ARG) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Argo Investments Limited stock, see the AU:ARG Stock Forecast page.
More about Argo Investments Limited
Argo Investments Limited operates in the investment industry, focusing on managing a diversified portfolio of Australian equities. The company provides investment services aimed at delivering long-term capital growth and income for its shareholders.
YTD Price Performance: 4.01%
Average Trading Volume: 283,703
Technical Sentiment Signal: Buy
See more data about ARG stock on TipRanks’ Stock Analysis page.