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2022

ARGAN, INC. ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAM

By News

January 24, 2022 — ROCKVILLE, MD. — Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors approved an increase in the Company’s existing share repurchase program, from $25 million to $50 million, to acquire shares of the Company’s Common Stock. The Company has repurchased shares at a cost of approximately $18 million under the authorization to date.

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