Online Vacation Center Holdings Corp. Announces Dividend of $0.02 Per Share and Share Repurchases

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Online Vacation Center Holdings Corp. (OTCQX: ONVC), announced today that the company has declared a cash dividend of $0.02 per share on its outstanding shares of Common Stock. This dividend will be payable on May 15, 2026 to stockholders of record at the close of business on March 31, 2026.

“We are pleased to announce this dividend,” said Stephen A. Rudner, President of Online Vacation Center Holdings Corp. “The Board felt that the Company’s performance and balance sheet has warranted this dividend.”

Online Vacation Center Holdings Corp. also announced today it has repurchased 100,000 shares of its common stock from two shareholders: 50,000 shares from Online Vacation Center Holdings Corp Trust Agreement, Edward B. Rudner Trustee and 50,000 shares from Deanna Rudner. The shares were repurchased at a price of $2.50 per share for a total cost of $250,000.

The Company will use a portion of its cash and investments to fund the share repurchases.

About Online Vacation Center Holdings Corp.

Online Vacation Center Holdings Corp. is a Florida holding company, focused on internally growing and developing its group of diversified vacation marketers with a range of products that can be cross-sold to an extensive database as well as online sales of golf training aids. Online Vacation Center Holdings Corp. is one of the country's largest cruise retailers. Its portfolio of companies include Online Vacation Center, Dunhill Vacations News, Luxury Link, Enrichment Journeys, Home Based Travel Experts dba Expedia Cruises® of OVC, and OVC Financial dba Golf Around the World. The Company, based in Fort Lauderdale, Florida, has been in business for over 50 years. Additional information can be found at www.onlinevacationcenter.com.