Laurence BATLLE, an experienced executive with 30+ years in business and former CEO of RATP Dev and Foncia, has been appointed as an independent member of ARGAN's Supervisory Board effective January 1, 2026, replacing Jean-Claude LE LAN Junior. This appointment helps ARGAN maintain the required one-third independent board members ratio under Middlenext governance code and establishes gender parity on the board. The appointment is provisional and subject to ratification at the March 26, 2026 General Assembly.

ARGAN appoints Ms. Laurence BATLLE as an independent member of its Supervisory Board effective January 1, 2026, replacing Jean-Claude LE LAN Junior who resigned. The appointment follows Eric DONNET's loss of independence status due to a new employment contract. BATLLE, with 30+ years of experience including CEO roles at RATP Dev and Foncia, will chair the Audit, Risk and Sustainability Committee. The changes maintain the required one-third independent member quota and achieve gender parity on the board.

Hong Kong-based Alpine Investment Management initiated a $16.2 million position in Argan (AGX), acquiring 60,000 shares in Q3. The engineering and construction firm's stock has surged 127% over the past year, driven by a record $3 billion project backlog, strong Q3 earnings with expanding margins, and a fortress balance sheet with $726 million in cash and no debt. The investment represents 13.62% of Alpine's reportable U.S. equity assets, suggesting institutional confidence in the company's growth trajectory.

Argan (AGX), a construction and power industry services company, has significantly outperformed the S&P 500, delivering 868% returns over three years and 692% over five years. The company benefits from AI-driven demand for electricity and power plants, maintains a $3 billion backlog, and recently increased its quarterly dividend by 33%. Despite a recent revenue dip in Q3 FY2026, the company remains optimistic about future profitability.

ARGAN has secured a 500 M€ short-term bridge-to-bond loan from a banking pool led by J.P. Morgan to prepare for its 2026 bond refinancing, with favorable financial indicators and an Investment Grade rating.

ARGAN signed a €500 million bridge-to-bond loan with a banking pool led by J.P. Morgan to prepare for its 2026 bond refinancing, demonstrating strong financial indicators and maintaining an Investment Grade rating.

Argan's stock jumped 13.8% after JPMorgan Chase upgraded its rating from neutral to buy and raised its price target to $315, citing strong energy sector project backlog and potential benefits from AI-driven power infrastructure growth.

Construction company Argan increased its dividend by 33% to $0.50 per share, reflecting strong financial performance and optimism about the energy sector's electrification trends.

Argan reported record net income of $35.3 million and revenue of $237.7 million in Q2 FY2026, with a backlog reaching $2 billion. The company demonstrated strong operational performance with expanded gross margins and a robust project pipeline across power and industrial sectors.

Argan, a construction and engineering services provider, saw its stock surge 8% after reporting much better-than-expected quarterly results. The company's revenue and net income significantly exceeded analyst estimates, driven by strong demand from the energy industry for data centers, onshoring of manufacturing, and electric vehicle charging activity.

Three small-cap stocks, Argan, Lightwave Logic, and Lexicon Pharmaceuticals, posted significant gains last week despite broader market uncertainty, with Lexicon surging 58% on a licensing deal with Novo Nordisk.

ARGAN, a French real estate company, has released its half-year assessment of its liquidity contract with NATIXIS ODDO BHF. The report includes details on the trading volume and cash balance in the liquidity account as of December 31, 2024.