RDVT 8-K — Smart Summary
79% reductionOn March 28, 2024, Red Violet, Inc.'s Board of Directors approved an additional $5.0 million under its Stock Repurchase Program, and on March 29, 2024, the Company repurchased 200,000 shares of common stock at $20.50 per share from the Greater Miami Jewish Federation, Inc.
Item 8.01 — Other Events
Share Repurchase
- Board approved an additional $5.0 million available under the Stock Repurchase Program on March 28, 2024
- Prior to the amendment, approximately $4.0 million remained available under the Stock Repurchase Program
- On March 29, 2024, the Company acquired 200,000 shares of common stock at $20.50 per share
- Shares were purchased from the Greater Miami Jewish Federation, Inc.
- Following the repurchase, the Greater Miami Jewish Federation, Inc. is no longer a beneficial holder of any securities of the Company
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