Argo Group Share News (ARGO)

Argo Group Information

Buy ARGO Shares
Add ARGO to Watchlist
Add ARGO to Alert

Share Price Information for Argo Group (ARGO)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 5.50

Bid: 4.00

Ask: 7.00

Change: 0.00 (0.00%)

Spread: 3.00 (75.00%)

Open: 5.50

High: 5.50

Low: 5.50

Prev. Close: 5.50

Last checked at -

Argo Group to slip to loss as fees falter

Tue, 29th Jan 2019 12:01

(Sharecast News) - Argo Group fell on Tuesday after the company said that "difficult trading conditions in emerging markets" meant that the company had failed to replicate 2017's significant performance fees and that it would report an operating loss.For the year ended 31 December, the alternative investment manager said management fees, which came in at $4.2m in 2017, will be broadly flat year-on-year while significant performance fees will not reach the $5.9m achieved during the prior year.Consequently, and in spite of tight cost control, the AIM-traded company said it will record an operating loss for the year, down from an operating profit of $2.0m, when it reports its full results in early March.In a statement, the company said that its board does not intend to declare a final dividend, but is considering a return of capital to shareholders via a buyback of shares, as to which further announcements will be made in due course.Argo Group's shares were down 11.27% at 15.75p at 1531 GMT.

More News

12 Oct 2023 15:52

UK shareholder meetings calendar - next 7 days

Friday 13 October
Brandshield Systems PLC	GM re cancellation to trading on AIM
Ergomed PLC	GM re cash acquisition by Eden Acquisition co Ltd
Loungers PLC	AGM
Marechale Capital PLC	AGM
Monday 16 October
Let's Explore Group PLC	GM re name change to Huddled Group PLC
Tuesday 17 October
Diverse Income Trust PLC	AGM
Gateley Holdings PLC	AGM
Wednesday 18 October
Ashmore Group PLC	AGM
Barratt Developments PLC	AGM
Round Hill Music Royalty Fund Ltd	Court meeting and GM re cash offer
Thursday 19 October
Argo Group Ltd	AGM
Bridgepoint Group PLC	GM re adding Energy Capital to platform
Direct Line Insurance Group PLC	GM re sale of brokered commercial insurance business lines to RSA Insurance Ltd
Medtronic PLC	AGM
Pantheon International PLC	AGM
Rank Group PLC	AGM

Copyright 2023 Alliance News Ltd. All Rights Reserved.

10 Aug 2023 14:26

EARNINGS UPDATES: Zoo Digital swings to annual profit as revenue jumps

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

31 Mar 2023 17:23

TRADING UPDATES: Gfinity revenue up; Pensana warns on funding needs

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

13 Oct 2022 15:39

UK shareholder meetings calendar - next 7 days

Friday 14 October
Ashmore Group PLC	AGM
Loungers PLC	AGM
Monday 17 October
Arcontech Group PLC	AGM
Barratt Developments PLC	AGM
Eight Capital Partners PLC	GM re IWEP loan conversion to equity
Tuesday 18 October
Accrol Group Holdings PLC	AGM
Diverse Income Trust	AGM
Dolphin Capital Investors Ltd	AGM
Pantheon International PLC	AGM
Tlou Energy Ltd	AGM
Wednesday 19 October
Empyrean Energy PLC	GM annual report approval
Frasers Group PLC	AGM
Hargreaves Lansdown PLC	AGM
HydrogenOne Capital Growth PLC	GM share issuance programme
Made Tech Group PLC	AGM
SME Credit Realisation Fund Ltd	AGM
Thursday 20 October
abrdn UK Smaller Companies Growth Trust PLC	AGM
Argo Group Ltd	AGM
Dechra Pharmaceuticals PLC	AGM
DX Group PLC	GM re 2021 financial year annual report
Gateley Holdings PLC	AGM
Science in Sport PLC	GM
Xeros Technology Group PLC	GM capital reorganisation

Copyright 2022 Alliance News Limited. All Rights Reserved.

12 Aug 2022 11:40

Argo Group losses widen amid 'devastating' bond markets

(Sharecast News) - Bermuda-domiciled specialty insurance underwriter Argo reported first-half revenue of $1.3m on Friday, down from $1.7m a year ago.

12 Aug 2022 10:10

Argo Group widens interim loss; business in Ukraine and Argentina hit

(Alliance News) - Argo Group Ltd on Friday widened its interim loss as it reported adverse effects from the war in Ukraine and economic issues in Argentina.

17 Mar 2022 19:43