Red Violet, Inc. announces an Equity Buyback for $5 million worth of its shares.
May 03, 2022
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Red Violet, Inc. (NasdaqCM:RDVT) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its shares. The repurchase program has no expiration date.
Red Violet, Inc. is a software and services company. The Company is engaged in building proprietary technologies and applying analytical capabilities to deliver identity intelligence. Its solutions enable the real-time identification and location of people, businesses, assets, and their interrelationships. These solutions are used for purposes including risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. The Companyâs AI/ML-driven identity intelligence platform, CORE, is purpose-built for the enterprise, flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. The CORE platform provides essential solutions to public and private sector organizations through easy-to-use analytical interfaces. It markets its solutions primarily through two brands, IDI and FOREWARN. IDI is an analytics and information solutions provider.
RED VIOLET, INC. 