CBOE Announces $150 Million Share Repurchase Program

On February 27, CBOE Global Markets, Inc. (CBOE) announced that the company’s Board of Directors authorized a new share repurchase program worth $150 million. This new program doesn’t have an expiration date and doesn’t replace the previous share repurchase authorization, but it is in addition to the $75 million remaining from the previous share repurchase authorization. CBOE Global Markets is the second largest stock exchange operator in the United States and maintains trading venues in the U.S., Europe, and Asia.

Sonal detected the event at 5:04 pm and issued an alert. The next trade took place the following morning at 9:31 am for $110.78. The stock price increased over the next six trading days before closing at $118.80 on March 7.

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