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AGX - Argan boosts share repurchase program to $75M
Argan Inc.
Argan (NYSE:AGX) has announced an increase in its existing share repurchase program to buyback shares of its common stock from $50M to $75M. The company has repurchased 969,831 shares to date as part of the program at a cost of ~$37.5M. The latest authorization allows the repurchase of shares through Jan. 2024.