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Note 22 - Subsequent Events
12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Subsequent Events [Text Block]

22.   Subsequent Events:

    

On January 9, 2024, we completed the acquisition of 100 percent of  Rocket Enterprise Solutions GmbH ("Rocket") for a net cash purchase price of $10.6 million, of which $2.2 million represents a deferred payment and $0.3 million represents a holdback payment. Rocket’s strong property claims and underwriting technology has been widely adopted by many of the largest insurers and service providers across Germany and Austria. Rocket has become a part of our claims category. The acquisition, which follows a strategic investment by Verisk in Rocket in 2022, will further Verisk's expansion in Europe and the Company’s goal of helping insurers and claims service providers leverage more holistic data and technology tools to enhance the claims experience.

 

On  February 14, 2024, our Board of Directors approved a cash dividend of $0.39 per share of common stock issued and outstanding, payable on  March 29, 2024, to holders of record as of  March 15, 2024. Our Board of Directors also approved an additional share repurchase authorization of $1,000.0 million.