Argo Investments Limited (ASX:ARG) disclosed a daily on-market buy-back notification dated 13 November 2026, reporting the purchase of 105,000 ordinary fully paid shares on 12 November 2026 for total consideration of AUD $997,552.50, as part of an on-market buy-back program with a maximum of 37,000,000 securities.

Key Points

  • 105,000 ARG ordinary fully paid shares were bought back on 12 November 2026 for AUD $997,552.50
  • The highest price paid on the previous day was AUD $9.51 and the lowest price paid was AUD $9.48
  • Cumulative securities bought back before the previous day totalled 7,663,608, at a total consideration of AUD $67,778,257.60
  • As at the end of 12 November 2026, 29,231,392 securities remain to be bought back under the maximum buy-back limit of 37,000,000
  • The on-market buy-back facility runs from 2 January 2026 to 31 December 2026, conducted through Macquarie Securities (Australia) Ltd

Daily Buy-Back Transaction Details for 12 November 2026

According to the filing, Argo Investments purchased 105,000 ordinary fully paid shares on 12 November 2026. The total consideration paid for these securities was AUD $997,552.50. The highest price paid on that day was AUD $9.51, while the lowest price paid was AUD $9.48. The highest price the company was permitted to pay under ASX listing rule 7.33 on the previous day was AUD $9.9456. The buy-back is conducted on market and does not require security holder approval, according to the filing. Consideration is paid in Australian dollars.

Cumulative Buy-Back Position as at End of Previous Day

The filing states that the total number of securities bought back prior to 12 November 2026 was 7,663,608, for which total consideration of AUD $67,778,257.60 was paid. The highest price paid across the program before the previous day was AUD $9.53, recorded on 5 November 2026, and the lowest price paid was AUD $9.55, recorded on 7 April 2026. With the program's maximum set at 37,000,000 securities, the remaining number of securities to be bought back as at the end of 12 November 2026 stood at 29,231,392. Total securities on issue in the class subject to the buy-back are 758,789,060.

Buy-Back Program Structure and Broker Arrangements

The filing discloses that the on-market buy-back facility was initially notified on 29 December 2025 and is described as a renewal of the company's on-market buy-back facility for another 12 months, for capital management purposes. The proposed buy-back start date is 2 January 2026 and the proposed end date is 31 December 2026. Macquarie Securities (Australia) Ltd is named as the broker conducting the buy-back on the company's behalf. The program does not set a minimum number of securities to be bought back but has a disclosed maximum of 37,000,000 securities.