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Argo investments reports modest NTA increase for October 24

October 27, 2025 at 10:02 AM UTCBy FilingReader AI

Argo Investments Limited (ASX:ARG) released its estimated pre-tax Net Tangible Asset (NTA) backing per share and share price as of Friday, October 24, 2025. The company's NTA per share saw a modest increase to $10.83 on October 24, up from $10.82 on October 17. The NTA figures provided are unaudited and approximate.

Conversely, the share price for Argo Investments experienced a slight dip, closing at $9.20 on October 24, compared to $9.24 on October 17. The "Pre-tax NTA per share" excludes estimated tax on net unrealised gains/losses in the investment portfolio.

Argo Investments, an Australian Listed Investment Company (LIC) founded in 1946, manages over $8 billion for approximately 90,000 shareholders. The company highlights benefits such as low-cost internal management, fully-franked sustainable dividends, a diversified and simple approach, an experienced board, a strong balance sheet with no debt, and a long-term investment strategy.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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