The Board of Administrators of Cboe International Markets has licensed the corporate to repurchase as much as an extra $250 million of its excellent frequent inventory and declared a quarterly money dividend of $0.55 per share of frequent inventory for the fourth quarter of 2023.
The fourth-quarter 2023 dividend is payable on December 15, 2023 to stockholders of report as of November 30, 2023.
As of June 30, 2023, the corporate had roughly $139.8 million of availability remaining below its current share repurchase authorizations.
The share repurchase program has no expiration date. The repurchase program permits the corporate to buy shares via a wide range of strategies, together with within the open market or via privately negotiated transactions, in accordance with relevant securities legal guidelines. It doesn’t obligate the corporate to make any repurchases at any particular time or scenario. The timing and extent to which the corporate repurchases its shares will depend on, amongst different issues, market circumstances, share value, liquidity targets, regulatory necessities and different elements.
Share repurchases could also be commenced or suspended at any time or sometimes with out prior discover.