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An announcement from Argo Group Limited ( (GB:ARGO) ) is now available.
Argo Group Limited has announced the results of its recent Tender Offer, which closed on February 18, 2025. The company offered to purchase up to 28.8% of its issued share capital, and successfully repurchased 4,294,580 shares, representing 11% of the share capital. These shares will be canceled, and the company’s total voting rights will now be 34,665,406. Additionally, Argo will cancel the trading of its ordinary shares on AIM, with the last trading day set for February 20, 2025. Directors Michael Kloter and Kenneth Watterson participated in the offer, selling 1,000,000 and 88,141 shares, respectively.
More about Argo Group Limited
YTD Price Performance: 25.00%
Average Trading Volume: 19,796
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.95M
For a thorough assessment of ARGO stock, go to TipRanks’ Stock Analysis page.
