secwatch.observer — SEC 8-K summary
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Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2022-12-14T23:59:59+00:00
Accession:  0001558370-22-018642
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000155837022018642/0001558370-22-018642-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000155837022018642/agx-20221214x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018642

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