BOCA RATON, Fla., Dec.03, 2024 (GLOBE NEWSWIRE) -- Red Violet, Inc.(NASDAQ: RDVT), a leading analytics and information solutions provider, announced today that its Board of Directors has declared a special cash dividend on red violet common stock of $0.30 per share, payable on or about February 14, 2025, to shareholders of record as of the close of business on January 31, 2025.
Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading "Forward-Looking Statements" and "Risk Factors" in red violet's Form 10-K for the year ended December 31, 2023, filed on March 7, 2024, as may be supplemented or amended by the Company's other SEC filings.
Coupled with our share repurchase program, this approach demonstrates our confidence in the long-term potential of our business while enhancing returns through thoughtful capital allocation.” Capital Allocation Highlights $15.0 million allocated to share buybacks under the company’s Stock Repurchase Program, demonstrating the company’s dedication to reducing outstanding shares and increasing earnings per share for our investors.
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