Grupo Argos executed a share repurchase operation valued at approximately $39.222 billion through the Independent Mechanism of the Colombian Stock Exchange between August 27 and August 31, 2024. ^[1] Grupo Argos announced on September 3, 2026, a new share repurchase program valued at approximately $39 billion pesos as part of its ACE 1.0 strategy. ^[2] The Readquisition Commission set a cutoff price of $21,900 per share for ordinary shares, resulting in the acquisition of 1,368,769 shares for a total of $29.976 million. ^[3] The repurchase operation represents the third pillar of the ACE 1.0 program, which contemplates deploying up to $500 billion in share repurchases over the next six to 12 months. ^[4] Felipe Aristizábal, CFO of Grupo Argos, stated that the strategy involves allocating capital where the company identifies opportunities to generate returns significantly superior to its cost of capital. ^[5] The plan also includes purchasing 560,390 preferred shares at $16,500 per share, equivalent to $9.246 billion pesos. ^[6]