NEW YORK, April 21, 2017 (GLOBE NEWSWIRE) -- Value Line, Inc., (NASDAQ:VALU) announced that its Board of
Directors declared on April 21, 2017 a quarterly cash dividend of $0.18 per common share, payable on May 11, 2017, to stockholders
of record on May 2, 2017. The Company has 9,712,145 shares of common stock outstanding as of April 21, 2017.
The Board of Directors also reaffirmed the Stock Repurchase Program of up to an aggregate of $3 million of Value
Line, Inc.’s common stock adopted on September 19, 2012, with $617,000 remaining under the program.
Value Line, Inc. is a leading New York based provider of investment research. The Value Line
Investment Survey is one of the most widely used sources of independent equity investment research. Value Line
also publishes a range of proprietary investment research in both print and digital formats including research in the areas of
Mutual Funds, Options and Convertible securities. Value Line’s acclaimed research also enables the Company to provide
specialized products such as Value Line Select, Value Line Special Situations, Value Line Select: Dividend
Income & Growth, and copyright data, distributed under copyright agreements for fees, including
certain proprietary ranking system information and other proprietary information used in third party products. Investment
Management services are provided through its substantial non-controlling and non-voting interests in EULAV Asset Management, the
investment advisor to The Value Line Family of Mutual Funds. Value Line’s products are available to individual investors by mail,
at www.valueline.com or through 1-800-VALUELINE or 1-800-535-9648, while institutional-level
services for professional investors, advisers, corporate, academic, municipal and legal libraries are offered at www.ValueLinePro.com, www.ValueLineLibrary.com and at 1-800-531-1425.
Cautionary Statement Regarding Forward-Looking Information
This report contains statements that are predictive in nature, depend upon or refer to future events or
conditions (including certain projections and business trends) accompanied by such phrases as “believe”, “estimate”, “expect”,
“anticipate”, “will”, “intend” and other similar or negative expressions, that are “forward-looking statements” as defined in the
Private Securities Litigation Reform Act of 1995, as amended. Actual results for Value Line, Inc. (“Value Line” or “the
Company”) may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to
the following:
- maintaining revenue from subscriptions for the Company’s digital and print published products;
- changes in market and economic conditions, including global financial issues;
- protection of intellectual property rights;
- dependence on non-voting revenues and non-voting profits interests in EULAV Asset Management, a Delaware statutory trust
(“EAM” or “EAM Trust”), which serves as the investment advisor to the Value Line Funds and engages in related distribution,
marketing and administrative services;
- fluctuations in EAM’s assets under management due to broadly based changes in the values of equity and debt securities,
redemptions by investors and other factors, and the effect these changes may have on the valuation of EAM’s intangible
assets;
- dependence on key personnel;
- competition in the fields of publishing, copyright data and investment management;
- the impact of government regulation on the Company’s and EAM’s businesses;
- availability of free or low cost investment data through discount brokers or generally over the internet;
- terrorist attacks, cyber attacks and natural disasters;
- other risks and uncertainties, including but not limited to the risks described in Item 1A, “Risk Factors” of the Company’s
Annual Report on Form 10-K for the year ended April 30, 2016; and in Part II, Item 1A of the Quarterly Report on Form 10-Q for
the period ended January 31, 2017; and
- other risks and uncertainties arising from time to time.
These factors are not necessarily all of the important factors that could cause actual results to differ
materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors which may involve
external factors over which we may have no control or changes in our plans, strategies, objectives, expectations or intentions,
which may happen at any time at our discretion, could also have material adverse effects on future results. Except as otherwise
required to be disclosed in periodic reports required to be filed by public companies with the SEC pursuant to the SEC's rules, we
have no duty to update these statements, and we undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise. In light of these risks and uncertainties, current
plans, anticipated actions, and future financial conditions and results may differ from those expressed in any forward-looking
information contained herein.
Contact: Howard A. Brecher
Value Line, Inc.
(212) 907-1500
www.valueline.com
www.ValueLinePro.com, www.ValueLineLibrary.com
Facebook | Google+ | LinkedIn | Twitter
Complimentary Value Line® Reports on Dow 30 Stocks
