Red Violet Announced That On Dec. 19, 2023, Its Board Of Directors Authorized The Repurchase Of An Additional $5M Of The Company's Common Stock

The authorization is effective immediately and is additive to the previous $5.0 million program, which had approximately $500,000 remaining authorized and available for repurchase as of December 19, 2023. Since November 3, 2023, the Company has purchased 93,814 shares of its common stock at a weighted average price of $19.97. Since the Board's authorization of the previous $5.0 million share repurchase program on May 2, 2022, the Company has repurchased $4.5 million of its common stock at a weighted average price of $18.78.