Grupo Argos has repurchased nearly COP 12 billion in shares over the past two weeks

• In total, under the program approved by the Shareholders’ Meeting in March and launched on May 15, Grupo Argos has repurchased 896,350 ordinary and preferred shares.
• The accumulated amount executed in share repurchases since 2023 totals COP 432.428 billion.
• The current program provides for share repurchases of up to COP 500 billion over the next three years.
• Since 2023, Grupo Argos, Cementos Argos, and Celsia have mobilized more than COP 2.2 trillion in share repurchases.

Grupo Argos is moving forward with the execution of the new share repurchase program approved by its Shareholders’ Meeting in March 2026 for up to COP 500 billion. The initiative, which began on May 15, is aimed at strengthening the liquidity of the stock, increasing returns for shareholders, and promoting greater recognition of the company’s fundamental value in the market.

Between May 15 and May 27, the company repurchased 393,580 ordinary shares and 502,770 preferred shares, for a total amount close to COP 12 billion. Of this total, COP 5.767 billion correspond to ordinary shares and COP 5.901 billion to preferred shares, with weighted average prices of COP 14,653 and COP 11,737 per share, respectively.

“This share repurchase program is a concrete demonstration of the confidence we have in Grupo Argos’ value and in the strength of our strategy. We are taking the first step in a broader plan that seeks to close the gap between the company’s market value and fundamental value, while also strengthening the liquidity of our shares.”

Felipe Aristizábal
Vice President of Corporate Strategy and Finance
Grupo Argos

This program adds to Grupo Empresarial Argos’ sustained track record of implementing initiatives aimed at unlocking value for its shareholders through a strategy that combines financial discipline, corporate simplification, portfolio optimization, consistent dividend payments, debt reduction, and the development of new growth opportunities. Since 2023, Grupo Argos, Cementos Argos, and Celsia have mobilized more than COP 2.2 trillion in share repurchase programs, acquiring more than 218 million ordinary and preferred shares of the Group’s companies.