Argan Approves $50M Increase to Share-Buyback Program

Dow Jones

04/09

By Katherine Hamilton

Argan approved an increase of its share-buyback program to $200 million.

Alongside the increase from $150 million, the board also approved the buyback program's extension through Jan. 31, 2030.

The construction company also declared a quarterly dividend of 50 cents a share, which will be payable on April 30 to shareholders of record as of April 22.

The dividend is the same amount as the previous two quarters. It represents an annual payout of $2 a share and represents a yield of 0.3% based on Wednesday's closing price of $588.28.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

April 08, 2026 16:46 ET (20:46 GMT)

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It represents an annual payout of $2 a share and represents a yield of 0.3% based on Wednesday's closing price of $588.28. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 08, 2026 16:46 ET (20:46 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4129","symbol_name":"建筑与工程","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2626927506","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2626927506","pubTimestamp":1775681160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Argan approved an increase of its share-buyback program to $200 million.Alongside the increase from $150 million, the board also approved the buyback program's extension through Jan. 31, 2030.The construction company also declared a quarterly dividend of 50 cents a share, which will be payable on April 30 to shareholders of record as of April 22.The dividend is the same amount as the previous two quarters. 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