Argan proposes exceptional distribution of EUR 11 per share ahead of WDP merger

Reuters2026/07/23 18:15

By:Reuters

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Argan proposed an exceptional distribution of EUR 11 per share ahead of its planned all-share merger with WDP.
The payout is slated to be made before completion, with the merger expected to close in Q1 2027.
The distribution is part of terms offering 3 newly issued WDP shares for each Argan share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Argan SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607231415OMX_____CNEWS_EN_GNW1001214190_en) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Argan proposes exceptional distribution of EUR 11 per share ahead of WDP merger

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