financetom
Business
financetom
/
Business
/
Argan Increases Share Repurchase Program to $150 Million
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Argan Increases Share Repurchase Program to $150 Million
Apr 10, 2025 1:36 PM

04:28 PM EDT, 04/10/2025 (MT Newswires) -- Argan (AGX) said Thursday its board approved an increase in the company's stock repurchase program to $150 million from $125 million.

Additionally, the company said it maintained its quarterly dividend at $0.375 per share, payable April 30 to shareholders of record as of April 22.

Shares of Argan were up 2.1% in after-hours activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Alphabet's Google to Cut Staff in HR, Cloud Division
Market Chatter: Alphabet's Google to Cut Staff in HR, Cloud Division
Feb 28, 2025
03:13 PM EST, 02/28/2025 (MT Newswires) -- Alphabet's (GOOG) Google ( GOOG ) plans to cut staff in both its human resources and cloud divisions as part of internal restructuring, CNBC reported Thursday, citing company memos. The company will offer a voluntary exit program for full-time HR employees based in the US starting in early March, the report said, citing...
Advance Auto Parts' Path Forward Depends on Execution of Transformation Plan, UBS Says
Advance Auto Parts' Path Forward Depends on Execution of Transformation Plan, UBS Says
Feb 28, 2025
03:08 PM EST, 02/28/2025 (MT Newswires) -- Advance Auto Parts' ( AAP ) future direction hinges on the implementation of its transformation strategy and achieving revenue growth, UBS said in a note Friday. The investment firm expects the stock to be rangebound as the market awaits evidence of progress in the execution of the company's plan to transform itself following...
Wells Fargo drops financed emissions target amid ESG rethink
Wells Fargo drops financed emissions target amid ESG rethink
Feb 28, 2025
Feb 28 (Reuters) - Wells Fargo ( WFC ) is scrapping its goal of achieving net-zero emissions across its financed portfolio by 2050 as banks rethink their sustainable lending activities. The goals had relied on many factors outside our control such as public policy, consumer behavior and technological advancements that would help clients transition to greener business practices, the bank...
Descartes Systems Fiscal Q4 Results Expected to Beat Consensus on Organic Growth, Acquisitions, RBC Says
Descartes Systems Fiscal Q4 Results Expected to Beat Consensus on Organic Growth, Acquisitions, RBC Says
Feb 28, 2025
03:08 PM EST, 02/28/2025 (MT Newswires) -- Descartes Systems ( DSGX ) is expected to report fiscal Q4 revenue and earnings ahead of consensus estimates, supported by stable organic growth and increased contributions from acquisitions, RBC Capital Markets said in an earnings preview on Friday. The brokerage forecasts Q4 revenue of $173 million, up 17% year-over-year, slightly above consensus, and...
Copyright 2023-2025 - www.financetom.com All Rights Reserved