ARGAN Sets November 20 Shareholder Vote on €11 Per Share Distribution and WDP Merger

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Summary · why it matters

ARGAN has called a Combined General Meeting for November 20, 2026, at the Palais Brongniart in Paris, where shareholders will vote on an extraordinary distribution of €11 per share to be paid before the completion of its merger with WDP. The cross-border merger, first announced in a press release dated July 23, 2026, is progressing on schedule with completion expected in the first quarter of 2027, subject to conditions precedent including approval by the shareholders of both companies. The Management Board's report on the resolutions was published online today, and meeting documents will be posted on the ARGAN website under the General Meetings 2026 section. ARGAN, the only French real estate company specializing in the development and rental of premium warehouses listed on Euronext, held a portfolio of 3.9 million square meters across close to 110 warehouses as of June 30, 2026, appraised at €4.3 billion excluding duties and generating yearly rental income of €224 million.

Impact on assets 3

Real Estate▲
Argan SA
ARG
▲ PositiveCapitalrelevance

Shareholders to vote on €11 per share extraordinary distribution ahead of the WDP merger, a capital return event for Argan SA

Energy Transition & Power Demand▲