Following the resolution voted at the Shareholders’ General Meeting on March 20, ARGAN specifies that the option for the scrip dividend was chosen by its shareholders at a rate of 22.02%. The subscription period, which lasted from March 28 to April 11, 2025, included, took place on a particularly adverse backdrop linked to turbulences created on financial markets by the new tariff policy implemented by the United States.

  • Consequently, 323,137 new shares will be issued and admitted on the Euronext Paris market, representing an increase of 1.3% of total shares.
  • As of April 17, 2025, the day on which the dividend for 2024 will take place, both in cash and in shares, the total number of voting rights and shares that form the capital of Argan will be as follows:

Total number of shares that form the Company’s capital

Theoretical total number of voting rights (1)

Actual total number of voting rights (2)

March 31, 2025

25,414,552

25,414,552

25,399,614

APRIL 17, 2025

25,737,689

25,737,689

25,720,984

(1) Including the number of shares deprived of voting rights (treasury shares within the framework of the liquidity contract)


(2) Not including the number of shares deprived of voting rights.

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