24/7 Market News Snapshot 29 September, 2025 – Reliance Global Group, Inc. Common Stock (NASDAQ:RELI)
DENVER, Colo., 29 September, 2025 (www.247marketnews.com) – (NASDAQ:RELI) are discussed in this article.
Reliance Global Group, Inc. (RELI) has witnessed a remarkable increase in its stock price, surging by 34.12% from an opening of $0.88 to $1.175. This significant uptick, accompanied by a trading volume of 7.10 million shares, points to heightened investor interest and confidence in the company’s future prospects. The recent market response underscores a pivotal phase in RELI’s strategic journey as it explores new growth opportunities.
In a noteworthy development, the company has also announced a special cash dividend of $0.03 per common share, scheduled for payment on or about December 2, 2025, to shareholders on record as of October 30, 2025. CEO Ezra Beyman expressed enthusiasm for this initiative as a reflection of the company’s commitment to enhancing shareholder value. He highlighted the positive trajectory of the company’s financial performance and affirmed confidence in the sustainability of RELI’s business model amid ongoing growth efforts through its Insurtech platform and agency network.
Reliance Global Group is committed to a disciplined capital allocation approach, which involves the strategic acquisition of digital assets like Ethereum and Cardano. This move is not only aimed at strengthening treasury management but also at further enriching shareholder value. As the company navigates market dynamics, it remains focused on delivering long-term growth while ensuring immediate returns to its investors.
This dual trajectory of rising stock value and the declaration of a special dividend signifies a decisive moment for Reliance Global Group as it endeavors to foster a robust partnership with its shareholders. The company extends its gratitude to investors for their steadfast support, emphasizing a commitment to transparency and thoughtful growth strategies in the months to come.