Welcome!

SYS-CON UK Authors: Salvatore Genovese, Jamie Matusow

News Feed Item

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

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.