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6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
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Jul. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||
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STOCKHOLDERS' EQUITY | NOTE 13 – STOCKHOLDERS’ EQUITY During the six months ended July 31, 2025 and during Fiscal 2025, the Company paid dividends to stockholders as follows:
On April 10, 2025, the board of directors increased the total authorization to repurchase shares of the Company’s common stock by $25 million, bringing the aggregate authorized amount to $150 million. Pursuant to its established program and authorizations provided by Argan’s board of directors, the Company repurchased shares of its common stock during the six months ended July 31, 2025 and 2024 and added the shares to treasury stock. During these periods, the Company repurchased 56,117 shares and 5,600 shares of common stock, all on the open market, for aggregate prices of approximately $7.0 million, or $125.60 per share, and $0.3 million, or $44.87 per share, respectively. |