Tranche Update on Red Violet, Inc.'s Equity Buyback Plan announced on May 4, 2022.
March 07, 2024 at 04:05 pm EST
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From October 1, 2023 to March 1, 2024, the company has repurchased 169,303 shares, representing 1.22% for $3.3 million. With this, the company has completed the repurchase of 289,340 shares, representing 2.08% for $5.42 million under the buyback announced on May 4, 2022.
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. 
