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Argo Investments Limited ( (AU:ARG) ) has shared an announcement.
Argo Investments Limited has announced an update on its ongoing share buy-back program, revealing that a total of 2,370,060 ordinary fully paid securities have been bought back, including 110,000 on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.
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 a diversified portfolio of Australian equities, aiming to provide long-term capital growth and dividend income to its shareholders.
Average Trading Volume: 284,328
Technical Sentiment Signal: Buy
Find detailed analytics on ARG stock on TipRanks’ Stock Analysis page.