Argan Board Approves Increase To Existing Share Repurchase Program From $150M To $200M And Extends Expiration Date Through January 31, 2030

Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces that its Board of Directors (the "Board") approved an increase to the Company's existing share repurchase program from $150 million to $200 million and extended the expiration date through January 31, 2030. The Board also declared a regular quarterly cash dividend in the amount of $0.50 per common share. The dividend will be payable on April 30, 2026, to stockholders of record at the close of business on April 22, 2026.