Corporate ActionJul 17, 2026, 04:07 PM
Value Line Declares $0.35 Dividend; Renews $2M Share Buyback
AI Summary
Value Line, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.35 per common share, payable on August 11, 2026, to stockholders of record on July 27, 2026. Concurrently, the Board approved the renewal of its share repurchase program, authorizing the repurchase of up to $2,000,000 in common stock. This new program, effective immediately, replaces the previous October 2025 program and has no set price limit or expiration date, reflecting management's view of the company's shares as a good investment.
Key Highlights
- Board declared a quarterly cash dividend of $0.35 per common share.
- Dividend is payable on August 11, 2026, to stockholders of record on July 27, 2026.
- Company has 9,383,573 shares of common stock outstanding as of July 17, 2026.
- Board approved renewal of share repurchase program for up to $2,000,000.
- New repurchase program replaces the October 2025 program.
- The renewed program has no set price limit and no expiration date.
Price Impact
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