other material
confidence high
sentiment positive
materiality 0.60
Argan increases buyback program to $150M, declares $0.375 quarterly dividend
ARGAN INC
- Share repurchase authorization raised from $125M to $150M.
- Regular quarterly dividend of $0.375/share, payable Apr 30 to holders of record Apr 22.
- Subsidiary Gemma Power Systems received NTP on 1.2 GW gas-fired plant contract with Sandow Lakes Energy.