The Argo Investments Ltd (ASX: ARG) share price is in focus after announcing a new on-market buy-back facility, with plans to repurchase up to 37 million shares over the next 12 months.
What did Argo Investments report?
- Maximum of 37 million shares to be bought back on market
- Total shares on issue: 758,789,060
- Buy-back will run from 2 January 2026 to 31 December 2026
- Macquarie Securities (Australia) Ltd appointed as broker
- Buy-back to be conducted in Australian dollars (AUD)
- No security holder approval required
What else do investors need to know?
The buy-back is intended as part of Argo Investments’ ongoing capital management strategy. By renewing its on-market buy-back facility for another 12 months, the company is providing itself an additional lever to support its share price and return surplus capital to shareholders when appropriate.
The buy-back does not specify a minimum number of shares to be purchased, giving the company flexibility to act in shareholders’ best interests depending on market conditions. Shareholders are not required to approve this buy-back.
What’s next for Argo Investments?
The buy-back program gives Argo Investments the ability to manage its capital more efficiently, potentially enhancing returns for existing shareholders. The company will review market opportunities throughout the year and adjust the pace and scale of buy-backs as needed.
Looking ahead, continued focus on disciplined capital management is likely to remain a core part of Argo’s strategy, with an eye on delivering steady returns for investors.
Argo Investments share price snapshot
Over the past 12 months, Argo Investments shares have risen 2%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.
The post Argo Investments launches 12-month on-market buy-back for up to 37 million shares appeared first on The Motley Fool Australia.
Should you invest $1,000 in Argo Investments Limited right now?
Before you buy Argo Investments Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Argo Investments Limited wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
* Returns as of 18 November 2025
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- Is now the time to buy Wesfarmers shares?
- Here’s what I consider to be the very best ASX 200 share to buy in January
- 5 things to watch on the ASX 200 on Monday
- Here are the top 10 ASX 200 shares today
- NEXTDC receives approval for new S4 Sydney Data Centre
Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.
Leave a Reply