Welcome to our dedicated page for Nasdaq news (Ticker: NDAQ), a resource for investors and traders seeking the latest updates and insights on Nasdaq stock.
Nasdaq, Inc. (symbol: NDAQ) is a global technology company and a leading provider of capital market services, established in 1971. Initially known for its equity exchange, Nasdaq has evolved into a diversified technology provider that delivers solutions across multiple segments, including market services, information services, and corporate services.
Market Services: This segment represents approximately 35% of Nasdaq's revenue and includes trading, clearing, and market technology services. Nasdaq operates one of the world's largest electronic stock exchanges, facilitating efficient and reliable trading.
Information Services: Contributing about 30% of the company's sales, this segment offers market data, analytics, and Nasdaq-branded indexes to asset managers and investors, providing essential tools for informed decision-making.
Corporate Services: Accounting for 20% of revenue, Nasdaq's corporate services include listing services and investor relations products that support publicly traded companies in meeting their regulatory requirements and enhancing investor engagement.
Market Technology: Representing 15% of the firm's revenue, this segment delivers technology solutions that enable the operation of other exchanges around the world, as well as financial compliance services.
Recent Achievements: Nasdaq continues to be at the forefront of technological advancements, incorporating AI capabilities to support capital markets, thereby enhancing liquidity, transparency, and integrity in the financial ecosystem. The company is also involved in strategic partnerships, such as its recent collaboration with FIA Tech to improve data sharing and reduce systemic inefficiency in the global post-trade network.
With a strong commitment to innovation, Nasdaq has successfully transitioned from a U.S.-based equities exchange to a global leader in technology and information services. The company's diverse product offerings and client-centric approach enable businesses to optimize their operations and achieve their business goals with confidence.
Financial Overview: Nasdaq's financial performance has been robust, with consistent revenue growth driven by its diversified business model. The company's strategic investments and focus on scalability and efficiency have positioned it well for sustained growth and profitability.
For the latest updates, financial results, and developments, visit the Nasdaq Investor Relations website at http://ir.nasdaq.com.
Nasdaq, Inc. (NDAQ) announced the retirement of Lars Ottersgård, Executive VP for Market Technology, effective August 31, 2022. He will transition to an advisory role on April 30, 2022. The company appointed Jamie King and Roland Chai as new leaders for its Anti-Financial Crime and Market Infrastructure Technology businesses, respectively. These changes aim to enhance Nasdaq’s anti-financial crime solutions and market technology capabilities while maintaining current financial performance targets in the Market Technology segment.
On February 10, 2022, Nasdaq announced that AstraZeneca PLC – ADR (Nasdaq: AZN) will be added to the NASDAQ-100 Index® and the NASDAQ-100 Equal Weighted Index on February 22, 2022. This move follows AstraZeneca's replacement of Xilinx, Inc. (Nasdaq: XLNX) in these indices, indicating a significant shift in the market composition. Investors and analysts may view this inclusion as a reflection of AstraZeneca's growing market relevance.
The Nasdaq Stock Market announced the delisting of common stocks for both China XD Plastics Company Limited and Advaxis, Inc. The common stock of China XD Plastics was suspended on October 29, 2021, while Advaxis's suspension occurred on December 23, 2021. Nasdaq will file a Form 25 with the SEC to formalize these delistings, which will take effect ten days after the filing. Investors are advised to review public filings for further details regarding the companies' trading statuses.
Exelon Corp. has completed the spin-off of Constellation Energy Corp., effective February 2, 2022. Following the separation, Constellation Energy became a member of the NASDAQ-100 Index®, NASDAQ-100 Equal Weighted Index, and NASDAQ-100 Ex-Technology Index. Nasdaq has confirmed that Constellation Energy will continue as a component of these indices. This move marks a significant shift for Exelon as it refocuses its business strategy post-separation.
On February 2, 2022, Nasdaq reported its monthly trading volumes for January 2022. Key data, including monthly volumes and quarterly capture rates, is accessible on the investor relations website. Nasdaq, known for its technology services in capital markets, presents forward-looking statements indicating potential risks and uncertainties, such as market conditions and regulatory challenges. Investors are advised to consider these factors, as actual results may differ from projections.
Nasdaq, Inc. (NDAQ) has reported a substantial growth in 529 plan share classes, adding over 550 new classes to the Nasdaq Fund Network in 2021, marking a 68% year-over-year increase. This is the largest increase recorded to date. The Nasdaq Fund Network now features over 1,300 share classes and provides searchable ticker symbols and daily pricing, enhancing transparency for investors. Additionally, Nasdaq is partnering with ISS Market Intelligence to produce a quarterly 529 Scorecard aimed at improving awareness and understanding of 529 plans among advisors and clients.
Nasdaq, Inc. (NDAQ) announced an accelerated stock repurchase (ASR) agreement with Goldman Sachs to repurchase $325 million of its common stock. This initiative is part of Nasdaq's broader share repurchase program, which had $784 million remaining as of January 25, 2022. Nasdaq's CFO highlighted the ASR as a sign of the company's strong balance sheet and commitment to returning capital to shareholders, following a substantial $1.3 billion returned to investors in 2021 through repurchases and dividends.
The Board of Directors of Nasdaq has declared a regular quarterly dividend of $0.54 per share on its common stock.
This dividend is payable on March 25, 2022, to shareholders of record by the close of business on March 11, 2022. Future dividends are subject to Board approval.