Argo Group International Holdings Ltd (ARGO) Stock
ARGO is no longer traded. Argo Group International Holdings was acquired by Brookfield Reinsurance in November 2023.
Each ARGO share was exchanged for $30.00 in cash. Prices on this page are historical; the last trade was November 15, 2023 at $29.99.
Argo Group International Holdings stock price history
ARGO final trading statistics
- Final close
- $29.99
- Final trading day
- Nov 15, 2023
- Market cap at delisting
- $1.06B
- Shares outstanding
- 35.22M
- Final 52-week range
- $24.35 – $30.13
- Avg. volume (final 3 mo.)
- 354,278
- All-time high (split-adj.)
- $5471.62 · Feb 2004
- All-time low (split-adj.)
- $4.88 · Mar 2009
- Return since IPO
- -91.1%
- Beta
- 0.99
- Book value / share
- $29.18
- Price / book
- 1.03
Argo Group International Holdings annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2022 | $1.75B | -$175.2M | -$0.12 |
| FY2021 | $2.13B | $5.8M | $1.18 |
| FY2020 | $1.89B | -$71.9M | -$0.64 |
| FY2019 | $1.96B | -$8.4M | -$0.93 |
| FY2018 | $1.80B | $63.6M | $3.23 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Argo Group International Holdings Ltd
Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. It offers primary and excess specialty casualty, general liability, commercial multi-peril, and workers compensation, as well as product, environmental, and auto liability insurance products; management liability, transaction liability, and errors and omissions liability insurance; primary and excess property, inland marine, and auto physical damage insurance; and surety, animal mortality, and ocean marine insurance products. The company also provides directors and officers liability, errors and omissions liability, and employment practices liability insurance; international casualty and motor treaties insurance; professional indemnity and medical malpractice insurance; direct and facultative excess insurance, North American and international binders, and residential collateral protection for lending institutions; and personal accident, aviation, cargo, yachts, and onshore and offshore marine insurance products. It markets its products through wholesale and retail agents, managing general agents, brokers, and third-party intermediaries. The company was founded in 1948 and is headquartered in Pembroke, Bermuda.
Argo Group International Holdings stock FAQ
What happened to Argo Group International Holdings stock?
Argo Group International Holdings was acquired by Brookfield Reinsurance in November 2023. Shareholders received $30.00 in cash for each share. ARGO stock stopped trading on the NYSE, with a final close of $29.99 on November 15, 2023.
What did Argo Group International Holdings shareholders receive?
Each ARGO share was converted into $30.00 in cash. The deal was valued at about $1.1 billion.
Is ARGO stock still trading?
No. ARGO was delisted from the NYSE in November 2023 and no longer trades on a U.S. exchange.
What was the last price of ARGO stock?
ARGO closed at $29.99 on its final trading day, November 15, 2023, for a market value of about $1.06B.
What were Argo Group International Holdings's revenue and earnings in its last full fiscal year?
Argo Group International Holdings reported revenue of $1.75B and net income of -$175.2M in fiscal 2022, its last full year as a public company.
When did Argo Group International Holdings go public?
Argo Group International Holdings Ltd stock began trading on August 7, 2007.