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Companies within the Argos Business Group have carried out buybacks amounting to more than COP 340 billion
21 May 2024The share repurchase plan announced by Grupo Argos and its listed companies amounts to more than COP 1 trillion.
Read moreWith a representation of more than 81% of the shares of Grupo Argos, this Monday, February 21st, in an extraordinary meeting, the Shareholders’ Meeting authorized Ana Cristina Arango and Claudia Betancourt to participate in the deliberations and decisions on the takeover bids for ordinary shares of Grupo Sura and Grupo Nutresa.
Bearing in mind that simultaneous takeover bids for shares of Grupo Sura and Grupo Nutresa are being carried out, Gonzalo Alberto Pérez, president of Grupo Sura and Carlos Ignacio Gallego, president of Grupo Nutresa, will not participate in their capacity as members of the Board of Directors of Grupo Argos in deliberations and decisions.
The Board of Directors of Grupo Argos will carry out a comprehensive analysis of the offers, considering, among others, the studies carried out by a group of national and international advisors on the economic, legal and strategic alignment aspects of the same, on which it will decide in a timely manner.
The share repurchase plan announced by Grupo Argos and its listed companies amounts to more than COP 1 trillion.
Read moreThe rating took into account the fulfillment of the strategic announcements reported by Grupo Argos to the market over the past years, which have resulted in sustained growth of operational margins, greater financial flexibility, and structural solidity, even in a challenging macroeconomic environment.
Read more16% of the employees at Grupo Empresarial Argos had the opportunity to experience internal mobility in the past year.
Read moreOn average the shares of Grupo Empresarial Argos doubled in value on the Colombia Stock Exchange
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