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Argo Investments Updates on Share Buy-Back Program

Story Highlights
  • Argo Investments focuses on managing a diversified portfolio of Australian equities.
  • The company has bought back 109,414 securities as part of its ongoing buy-back program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Argo Investments Updates on Share Buy-Back Program

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An announcement from Argo Investments Limited ( (AU:ARG) ) is now available.

Argo Investments Limited has announced an update regarding its ongoing share buy-back program, with a total of 883,667 securities bought back before the previous day and an additional 109,414 securities acquired on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure, reflecting confidence in its financial position and future prospects.

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 sector, primarily focusing on managing a diversified portfolio of Australian equities. The company provides investment services aimed at delivering long-term capital growth and income to its shareholders.

YTD Price Performance: 5.51%

Average Trading Volume: 290,037

Technical Sentiment Signal: Strong Buy

See more data about ARG stock on TipRanks’ Stock Analysis page.

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