An announcement from Argo Group Limited ( (GB:ARGO) ) is now available.
Argo Group Limited is proposing a tender offer and the voluntary cancellation of its ordinary shares from trading on AIM, subject to shareholder approval. This move allows shareholders to exit their investment at a premium price, while the company has secured significant shareholder support for the cancellation. The decision indicates a strategic shift in Argo’s market presence, potentially affecting shareholders who choose to remain invested post-cancellation.
More about Argo Group Limited
YTD Price Performance: 0.0%
Average Trading Volume: 9,908
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.56M
Find detailed analytics on ARGO stock on TipRanks’ Stock Analysis page.