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CASH DIVIDENDS AND COMMON STOCK REPURCHASES | 3 Months Ended
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Apr. 30, 2022
CASH DIVIDENDS AND COMMON STOCK REPURCHASES |
CASH DIVIDENDS AND COMMON STOCK REPURCHASES | NOTE 12 – CASH DIVIDENDS AND COMMON STOCK REPURCHASES On April 11, 2022, Argan’s board of directors declared a regular quarterly cash dividend in the amount of $0.25 per share of common stock, which was paid on April 29, 2022 to stockholders of record at the close of business on April 21, 2022. Last year, the board of directors declared a regular quarterly dividend of $0.25 per share of common stock, which was paid to stockholders on April 30, 2021. Pursuant to authorizations provided by Argan’s board of directors (the “Share Repurchase Plan”), the Company repurchased shares of its common stock during the three months ended April 30, 2022. During this period, the Company repurchased 710,879 shares of common stock, all on the open market, for an aggregate price of approximately $27.1 million, or $38.09 per share.

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