ViSalus Announces $22 Million Cash Dividend
Operating Results Drive Decision to Return Cash to Shareholders
TROY, Mich., Nov. 21, 2012 /PRNewswire/ -- ViSalus, known for its mission of helping people transform their health and fitness through the Body By Vi™ 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.
(Logo: http://photos.prnewswire.com/prnh/20120816/LA58521LOGO)
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."
Learn more about ViSalus at www.visalus.com and www.bodybyvi.com.
www.facebook.com/visalus www.twitter.com/visalus
About ViSalus
Founded in 2005 with headquarters in Los Angeles, CA and Troy, MI, ViSalus is the company behind the wildly successful Body by Vi™ Challenge, a 90-day personal health and lifestyle transformation platform. ViSalus champions personal victories and entrepreneurship through a social marketing model, premium products, and supportive global community. Simple, affordable, rewarding and fun — the Body by Vi Challenge is the #1 weight-loss and fitness Challenge in North America today. ViSalus is majority-owned by Blyth, Inc. (NYSE: BTH).
Media contact:
Tyler Schuessler , Chief Administrative Officer
tps@vi.com l (203) 552-6673
SOURCE ViSalus
RELATED LINKS
http://www.visalus.com
http://www.bodybyvi.com
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