ViSalus Announces Cash Dividend
TROY, Mich., Nov. 21, 2012 -- ViSalus, known for its mission of helping people transform their health and fitness through the Body By Vi(TM) 90-Day Challenge, today announced that it will pay a $22 million dividend to its shareholders. As majority shareholder, Blyth will receive 72.7% of the dividend.
Ryan Blair, Chief Executive Officer, commented on the announcement, saying, "Our earnings performance and cash generation in excess of our working capital requirements offer us the flexibility to invest in our long-term infrastructure needs and also return a cash dividend to our shareholders."
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