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Argo Investments Limited (ASX:ARG)

ALERT: Price-sensitive ASX Announcement for ARG
Current share price for ARG : $9.510 0.49 (5.43%)+
Announcement
Release
9 Feb 2026 9:04AM
Price at Release
$9.020
Full Release
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Summary
Argo Investments Limited reported a 7.9% increase in profit for the half-year ending 31 December 2025, totaling $130.8 million. The earnings per share rose to 17.2 cents, and a fully franked interim dividend of 18.5 cents per share was declared. Net tangible asset backing per share stood at $10.34, with strategic moves including neutralizing the Dividend Reinvestment and Substitution Share Plans. The company also executed a share buyback, canceling over 2 million shares, while maintaining a diversified Australian equities portfolio. Overall, total comprehensive income decreased compared to the previous year, reflecting changes in other comprehensive income components.
Key Points
  • Profit for the half-year ended 31 December 2025 increased by 7.9% to $130.8 million.
  • Earnings per share rose by 8.2% to 17.2 cents.
  • A fully franked interim dividend of 18.5 cents per share was declared, an increase from 17.0 cents per share in the previous year.
  • Net tangible asset backing per share was $10.34 as at 31 December 2025.
  • The Dividend Reinvestment Plan and Dividend Substitution Share Plan were neutralised during the period.
  • Total comprehensive income for the half-year was $104.7 million, down from $348.8 million in the prior year.
  • The company's investment strategy focuses on a diversified Australian equities portfolio.
  • Argo Investments Limited engaged in share buybacks, canceling 2,207,514 shares during the period.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.