Value Line: Free Value Line® Dow 30 Stock Reports – Form 8-K

Free Value Line® Dow 30 Stock Reports


New York – (Globe Newswire) – Value Line, Inc., (NASDAQ: VALUE) announced that on May 31, 2022, the Board of Directors approved the renewal of the share repurchase program, with immediate effect, allowing the repurchase of shares from time to time, up to an additional amount of $3,000,000. The new buyback program, which replaces the March 2022 program, has no set price limit or expiration date and makes available a total of approximately $3.04 million.

“Based on the company’s current financial condition, we believe that renewing the buyback program is in the best interest of our shareholders,” said Howard A. Brecher, the company’s chairman and chief executive officer.

During the twelve months ended April 30, 2022, there were 9,544,421 average common shares outstanding, compared to 9,596,912 average common shares outstanding during the twelve months ended April 30, 2021, reflecting share repurchases under the Company’s share buyback program. The Company had 9,490,672 common shares outstanding as of May 31, 2022.

The Company’s Quarterly Report on Form 10-Q has been filed with the SEC and is available on the Company’s website at Shareholders can receive a printed copy free of charge upon request.

Value Line, Inc. is a leading New York-based investment research provider. The Value Line Investing 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 print and digital formats, including research in the areas of mutual funds, ETFs and options. Value Line’s acclaimed research also enables the company to provide specialty products such asValue Line Select, Value Line Special Situations, Value Line Select: ETFs, Value Line Select: Dividend Income & Growth, The new Value Line ETFs service, The Value Line M & A Service, The Value Line Information you need to know Wealth Newsletter, Value Line Climate Change Investment Service and certainCopyright Value Line, distributed under agreements, including certain proprietary filing system information and other proprietary information used in third-party products. Investment advisory services are provided through its significant non-voting interests in EULAV Asset Management, the investment advisor to The Value Line family of mutual funds. Value Line products are available to individual investors by mail at or by calling 1-800-VALUELINE or 1-800-825-8354, while institutional-level services for professional investors, advisors, corporate, academic and municipal libraries are offered at, and by calling 1-800-531-1425.


Caution Regarding Forward-Looking Information

In this report, “Value Line”, “we”, “us”, “our” refers to Value Line, Inc. and “the company” refers to Value Line and its subsidiaries, unless the context otherwise requires.

This report contains statements that are predictive in nature, dependent on or refer to future events or conditions (including certain business projections and trends) together with expressions such as “believe”, “estimate”, “expect “, “anticipate”, ” “, “intend” and other similar or negative expressions, which are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, as amended. The Company’s actual results may differ materially from those projected due to certain risks and uncertainties, including, but not limited to, the following:

maintain revenue from subscriptions to the Company’s digital and print published products;

changes in investment trends and economic conditions, including global financial issues;

changes in Federal Reserve policies affecting interest rates and liquidity and the resulting effects on stock markets;

protect the intellectual property rights on the Company’s methods and brands;

protect confidential information, including customer confidential or personal information that we may possess;

reliance on non-voting income and non-voting profit interests from EULAV Asset Management, a Delaware statutory trust (“EAM” or “EAM Trust”), which serves as investment advisor to the Value Line funds and handles distribution, marketing and administrative services;

fluctuations in EAM’s and third-party copyright assets under management due to general changes in the value of equity and debt securities, investor redemptions and other factors;

possible changes in the valuation of EAM’s intangible assets from time to time;

generate future revenue or collect receivables from major customers;

reliance on key executive and specialist personnel;

risks associated with outsourcing certain functions, technical facilities and operations, including in some cases outside the United States;

competition in publishing, copyright and investment management, and the related effects on the level and structure of prices and fees, and the range of services provided;

the impact of government regulation on the business of the Company and EAM;

the availability of free or low-cost investment data through discount brokers or generally on the Internet;

military conflicts, civil unrest and disruptions associated with travel and supply and other effects;

Russia’s invasion of Ukraine and its impact on inflation;

terrorist attacks, cyberattacks and natural disasters;

the inadequacy of our business continuity plans or systems in the event of an anticipated or unforeseeable disruption;

the coronavirus pandemic, which has significantly affected markets, employment and other economic conditions, and may have additional unpredictable impacts on employees, suppliers, customers and operations;

other possible epidemics;

changes in the prices of materials and other inputs and services, such as freight and postage, required by the Company;

other risks and uncertainties, including but not limited to the risks described in point 1A,


“Risk Factors” of the Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2021 and in Part II, Item 1A of the Quarterly Report on Form 10-Q for the period ended January 31, 2022; and other risks and uncertainties arising from time to time.

These factors are not necessarily all important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or unforeseeable factors which may involve external factors over which we have no control or changes in our plans, strategies, objectives, expectations or intentions, which may occur at any time at our discretion, could also have material adverse effects on future results. . Except as otherwise required by applicable law, we have no obligation 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 the forward-looking information contained herein.


Comments are closed.