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) has priced a public offering of €615 million in senior notes at 0.900%, maturing in 2033. The offering aims to refinance existing 1.75% Senior Notes due 2023. Expected to close on July 30, 2021, the offering involves leading financial institutions as joint book-running managers. The offering is registered with the SEC, ensuring compliance for prospective investors. Forward-looking statements highlight potential risks, including market conditions and interest rate fluctuations, affecting the company's future performance.
Nasdaq plans to offer Euro-denominated senior notes to refinance existing 1.75% Senior Notes due 2023. This offering is subject to market conditions and will utilize net proceeds alongside available cash balances. The offering will be managed by a consortium that includes Morgan Stanley, Merrill Lynch, J.P. Morgan, Goldman Sachs, and Skandinaviska Enskilda Banken. Nasdaq emphasizes the importance of reviewing relevant SEC filings for detailed information about the offering and the company's financial condition.
Nasdaq, Inc. (NDAQ) has announced an accelerated stock repurchase agreement (ASR) with Goldman Sachs to buy back $475 million of its common stock. This move is part of its ongoing share repurchase program, which currently has $1.46 billion remaining as of July 21, 2021. The initial delivery of shares will be made on July 23, 2021, with the final share count based on the average stock price during the ASR term. This buyback aims to offset dilution from the recent sale of the fixed income business, reinforcing Nasdaq's commitment to enhancing shareholder value.
Nasdaq, Inc. (NDAQ) has declared a quarterly dividend of $0.54 per share on its common stock. This dividend will be paid on September 24, 2021, to shareholders who record by September 10, 2021. Future dividends are subject to Board approval. Nasdaq, a global technology firm, offers various data, analytics, and services to enhance client operations.
In Q2 2021, Nasdaq reported net revenues of $846 million, marking a 21% increase year-over-year. Solutions segment revenues rose 26%, while Market Services grew 13%. Annualized Recurring Revenue reached $1,808 million, up 22%. GAAP diluted EPS was $2.05, a 41% rise from $1.45. Nasdaq returned $579 million to investors, including share repurchases and dividends. The company expects annual non-GAAP operating expenses to be between $1,590 and $1,620 million.
Key highlights include strong IPO activity and the acquisition of Verafin, boosting multiple revenue streams.
Nasdaq Private Market is set to spin out from Nasdaq and will become an independent company through a joint venture with SVB Financial Group, Citi, Goldman Sachs, and Morgan Stanley. This strategic collaboration aims to create a centralized secondary trading venue for private company stock, enhancing liquidity solutions for private companies, brokers, and investors. The new platform will leverage existing technology and regulatory frameworks to offer comprehensive transaction management, increasing market transparency and efficiency, thereby addressing unmet demands in the private markets.
Nasdaq (NDAQ) announced that Honeywell International Inc. (HON) will join the NASDAQ-100 Index, NASDAQ-100 Equal Weighted Index, and NASDAQ-100 Ex-Technology Index effective July 21, 2021. This change replaces Alexion Pharmaceuticals (ALXN) with Honeywell. The inclusion of Honeywell highlights its strong market position and potential for growth within the technology and industrial sectors, reflecting Nasdaq's ongoing commitment to index adjustments that enhance investment opportunities.
On July 12, 2021, Nasdaq (NDAQ) released its monthly volumes for June and quarterly data for Q2 2021, highlighting metrics such as estimated revenue capture and number of listings. This information is available on its investor relations website. Nasdaq is a leading global technology firm serving capital markets with diverse offerings in data, analytics, and software. However, readers are cautioned that the forward-looking statements in the report involve risks and uncertainties that could affect future performance.
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