Cboe Global Markets Announces Increase in Share Repurchase Authorization By $500M; Increased Quarterly Cash Dividend From $0.55 To $0.63 Per Share

Author: Benzinga Newsdesk | August 16, 2024 04:32pm

• Increases share repurchase authorization by $500 million
• Increased quarterly cash dividend to $0.63 per share
• 14th consecutive year Cboe has increased its dividend

CHICAGO, Aug. 16, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced its Board of Directors has authorized the company to repurchase up to an additional $500 million of its outstanding common stock and declared an increased quarterly cash dividend of $0.63 per share of common stock for the third quarter of 2024.

The increased third-quarter 2024 dividend, representing a 15 percent increase from the prior quarter's dividend of $0.55 per share, is payable on September 13, 2024, to stockholders of record as of August 30, 2024.

As of July 31, 2024, the Company had $179.8 million of availability remaining under its existing share repurchase authorizations.

Posted In: CBOE