With open-market purchases of company shares already underway, ARC's restart of its dividend program affirms the Company's commitment to returning shareholder value

San Ramon, Calif. – ARC Document Solutions, Inc. announced today that it is recommencing its cash dividend program that was temporarily suspended earlier in the year as a result of the COVID-19 pandemic. As before, the program will operate independently of ARC's continuing share repurchases in the open market as discussed on ARC's third quarter conference call on November 4, 2020.

At its most recent meeting, the Company's Board of Directors authorized a quarterly cash dividend of one cent per share payable on February 26, 2021 to the Company's shareholders of record as of January 29, 2021.

"We are gratified to re-start our dividend and share repurchase programs after a brief hiatus, and to put the focus back on returning value to our shareholders," said Suri Suriyakumar, Chairman, President and CEO of ARC. "After a period of significant change within the operations of the company in response to the pandemic, as well as prudent steps taken to test the validity of our financial performance, we are confident in our ability to sustain the programs as we move forward."