Cboe Global Markets Announces Increase in Share Repurchase Authorization By $500M; Increased Quarterly Cash Dividend From $0.55 To $0.63 Per Share
Portfolio Pulse from Benzinga Newsdesk
Cboe Global Markets has announced a $500 million increase in its share repurchase authorization and a 15% increase in its quarterly cash dividend to $0.63 per share. This marks the 14th consecutive year of dividend increases.
August 16, 2024 | 8:32 pm
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Cboe Global Markets has increased its share repurchase authorization by $500 million and raised its quarterly cash dividend by 15% to $0.63 per share. This is the 14th consecutive year of dividend increases.
The increase in share repurchase authorization and the dividend hike are positive signals to investors, indicating strong financial health and a commitment to returning value to shareholders. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100