---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-018642"
form_type: "8-K"
ticker: "AGX"
cik: "0000100591"
company_name: "ARGAN INC"
filed_at: "2022-12-14T23:59:59+00:00"
generated_at: "2026-06-21T04:32:29.564364+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Argan increases buyback authorization to $125M and declares $0.25 quarterly dividend

## Summary
- Board approves increase in share repurchase program from $100M to $125M; ~$84M spent since Nov 2021, repurchasing 14% of shares.
- Regular quarterly cash dividend of $0.25 per share declared, payable Jan 31, 2023 to holders of record Jan 20, 2023.
- CEO says backlog exceeds $0.8B and subsidiaries are executing on growth opportunities.

## SEC filing metadata
- accession: 0001558370-22-018642
- form_type: 8-K
- ticker: AGX
- cik: 0000100591
- company_name: ARGAN INC
- filed_at: 2022-12-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100591/000155837022018642/0001558370-22-018642-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100591/000155837022018642/agx-20221214x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-018642
- JSON: https://secwatch.observer/filing/0001558370-22-018642.json
- Plain text: https://secwatch.observer/filing/0001558370-22-018642.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.