tiprankstipranks
Argan Announces Executive Changes and Dividend Increase
Company Announcements

Argan Announces Executive Changes and Dividend Increase

Don't Miss Our Christmas Offers:

Argan ( (AGX) ) has provided an announcement.

Argan, Inc. has announced significant leadership changes and salary adjustments, with Joshua S. Baugher being appointed as the new Senior Vice President, Chief Financial Officer, and Treasurer, following Richard H. Deily’s retirement. Alongside this, David H. Watson and Charles Collins IV have entered new employment agreements as President and CEO of Argan and Gemma Power Systems, respectively, with substantial salaries and possible bonus payments. Moreover, Argan has increased its quarterly cash dividend by 25%, signaling a strong financial position and ongoing commitment to shareholder value, while continuing to focus on power industry projects through its various subsidiaries.

Learn more about AGX stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyArgan downgraded to Market Perform from Outperform at CJS Securities
TipRanks Auto-Generated NewsdeskArgan Inc. Reports Strong Third Quarter Growth
TheFlyClosing Bell Movers: Lululemon jumps 9% after beat and raise
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App