Argan, Inc. (NYSE:AGX) ("Argan" or the "Company") today announces that its wholly-owned subsidiary, Southern Maryland Cable Inc. ("SMC"), has completed the acquisition of ValCor Communications, LLC ("ValCor"), a Connecticut-based provider of installation, maintenance, and repair services for information, communication, and data networks serving customers across New England. The transaction closed July 31, 2026, with total initial consideration of approximately $8.3 million, funded through a combination of cash and Argan common stock.

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