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Argo Investments Limited ( (AU:ARG) ) has provided an update.
Argo Investments Limited has announced an update on its ongoing share buy-back program, revealing that a total of 2,812,604 securities have been bought back prior to the previous day, with an additional 110,460 securities acquired on the previous day. This buy-back initiative is part of Argo’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of outstanding shares.
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 financial industry, focusing on investment management. The company primarily deals with managing a diversified portfolio of Australian equities, aiming to provide long-term capital growth and income for its shareholders.
Average Trading Volume: 285,957
Technical Sentiment Signal: Buy
Find detailed analytics on ARG stock on TipRanks’ Stock Analysis page.