Grupo Argos shareholders up more than 47% year-to-date on investment gains
6 November 2025- The appreciation stands at 47.5% for the common share and 50.2% for the preferred share.
- This performance reflects COP 10.8 trillion distributed in Grupo Sura shares under the Spin-off Project, along with the behavior of Grupo Argos’ common and preferred shares.
- The company continues to advance initiatives to unlock value, such as a share repurchase program of up to COP 1 trillion (consolidated), a liquidity-provider program in operation since September 24, 2025, and the delivery of strategic milestones across its businesses.
Year-to-date in 2025, Grupo Argos shareholders have seen the value of their portfolio grow by more than 47%, driven by the distribution of COP 10.8 trillion in Grupo Sura shares resulting from the Spin-off Project and by the performance of the company’s common and preferred shares.
Considering the combined value of Grupo Argos common shares and the 0.23 Grupo Sura common shares received for each Grupo Argos common share, portfolio appreciation is 47.5%. Applying the same calculation to the preferred share results in an appreciation of 50.2%.
Effect of the appreciation on shareholders’ portfolios:

In line with its value-unlocking strategy, the company is advancing the following initiatives:
First, the share repurchase programs approved by the shareholders’ meetings of Grupo Argos, Cementos Argos, and Celsia total up to COP 1 trillion on a consolidated basis, and will double in the coming days with the execution of the new USD 230 million share buyback approved by Cementos Argos’ shareholders.
Second, the liquidity-provider program, in operation since September 24, 2025, maintains a constant presence of bid and ask quotes in both the common and preferred shares, facilitating price discovery and tradability.
Third, strategic execution over the past decade is reflected in 25 portfolio-simplification and focus transactions totaling over USD 2.0 billion, the reduction of consolidated net debt to levels near zero, and the implementation of SPRINT at Cementos Argos and EnergizarC at Celsia—initiatives aimed at closing the gap between fundamental value and market price.
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