Argan, Inc. Files 8-K: Voting Matters & Financials
Ticker: AGX · Form: 8-K · Filed: Jun 20, 2024 · CIK: 100591
Sentiment: neutral
Topics: corporate-governance, financials, filing
TL;DR
Argan Inc. filed an 8-K on 6/20/24 covering shareholder votes and financials.
AI Summary
On June 20, 2024, Argan, Inc. filed an 8-K report detailing the submission of matters to a vote of security holders, other events, and financial statements and exhibits. The filing does not contain specific financial figures or details about the matters voted upon.
Why It Matters
This filing indicates that Argan, Inc. is engaging in corporate governance activities requiring shareholder votes and is providing updated financial information, which are standard procedures for public companies.
Risk Assessment
Risk Level: low — This is a routine 8-K filing that typically reports on corporate governance and financial updates without disclosing significant new risks.
Key Players & Entities
- Argan, Inc. (company) — Registrant
- June 20, 2024 (date) — Date of Earliest Event Reported
FAQ
What specific matters were submitted to a vote of security holders by Argan, Inc. on June 20, 2024?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the excerpt.
What 'Other Events' are being reported by Argan, Inc. in this 8-K filing dated June 20, 2024?
The filing states that 'Other Events' are being reported, but the nature of these events is not detailed in the provided text.
What financial statements and exhibits are included in this 8-K filing?
The filing lists 'Financial Statements and Exhibits' as an item, but the specific contents are not detailed in the provided excerpt.
What is Argan, Inc.'s principal executive office address?
Argan, Inc.'s principal executive offices are located at One Church Street, Suite 201, Rockville, MD 20850.
When was Argan, Inc. incorporated, and in which state?
Argan, Inc. was incorporated in Delaware.
Filing Stats: 629 words · 3 min read · ~2 pages · Grade level 9 · Accepted 2024-06-20 16:20:29
Key Financial Figures
- $0.15 — e on Which Registered: Common Stock, $0.15 Par Value AGX New York Stock Exchan
- $0.30 — uarterly cash dividend in the amount of $0.30 per share of common stock, payable on J
- $125 million — piration date of the Company's existing $125 million Share Repurchase Plan through January 3
Filing Documents
- agx-20240620x8k.htm (8-K) — 60KB
- agx-20240620xex99d1.htm (EX-99.1) — 44KB
- agx-20240620xex99d2.htm (EX-99.2) — 8KB
- agx-20240620xex99d2001.jpg (GRAPHIC) — 6KB
- 0001558370-24-009359.txt ( ) — 245KB
- agx-20240620.xsd (EX-101.SCH) — 3KB
- agx-20240620_lab.xml (EX-101.LAB) — 16KB
- agx-20240620_pre.xml (EX-101.PRE) — 10KB
- agx-20240620x8k_htm.xml (XML) — 5KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. At the 2024 Annual Meeting of the Stockholders of Argan, Inc. ("Argan" or the "Company") held on June 20, 2024, the following three (3) matters were resolved by the stockholders of Argan. (1) The election of the following ten (10) members to the Board of Directors of the Company (the "Board"), each to serve until the 2025 Annual Meeting of Stockholders and until his/her successor has been elected and qualified or until his/her earlier resignation, death or removal: Rainer H. Bosselmann Cynthia A. Flanders Peter W. Getsinger William F. Griffin, Jr. John R. Jeffrey, Jr. William F. Leimkuhler W.G. Champion Mitchell James W. Quinn Karen A. Sweeney David H. Watson (2) The non-binding advisory approval of the Company's executive compensation (the "say-on-pay" vote). (3) The ratification of the appointment of Grant Thornton LLP as the Company's independent registered public accountants for the fiscal year ending January 31, 2025.
01. Other Events
Item 8.01. Other Events. On June 20, 2024, Argan issued a press release announcing that its Board declared a regular quarterly cash dividend in the amount of $0.30 per share of common stock, payable on July 31, 2024 to stockholders of record at the close of business on July 23, 2024. Argan also announced that the Board extended the expiration date of the Company's existing $125 million Share Repurchase Plan through January 31, 2027.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Results of Voting at the 2024 Annual Meeting of the Stockholders of Argan, Inc. 99.2 Press Release issued by Argan on June 20, 2024 104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARGAN, INC. Date: June 20, 2024 By: /s/ Richard H. Deily Richard H. Deily Senior Vice President, Chief Financial Officer, Treasurer and Corporate Secretary