The holding company for Chicago Board Options Exchange (CBOE), the CBOE Futures Exchange (CFE) – the CBOE Holdings, Inc, reported on Wednesday that its Board of Directors has announced a quarterly cash dividend of $0.23 per share.
This quarterly cash dividend of $0.23 per share of common stock is about to be payable on March 18, 2016, to common stockholders of record on March 4, 2016.
Furthermore, the Board of Directors agreed to extend the company share repurchase authorization by $100 million as well, with the change effective immediately. This wider share repurchase authorization will be added to the approximately $57.5 million of availability that was left under CBOE’s existing share repurchase authorization through December 31, 2015.
From the launch of the share repurchase program in 2011 by December 31, 2015, the company has repurchased 9,999,615 shares of its common stock at an average price of $44.25 per share, for a total of $442.5 million.
CBOE Holdings CEO Edward T. Tilly says,
“Consistent with our commitment of returning capital to our shareholders, we are pleased to issue a 23rd consecutive quarterly dividend and to increase our share repurchase authorization by an additional $100 million. Our business continues to generate strong operating cash flow, enabling us to invest in the continued growth of our business, while also returning capital to shareholders.”
OSC Extends Warning List by CMS Ventures
The Ontario Securities Commission (OSC) is stil extending its warning list, adding unlicensed Forex brokers to its Warning List.
Less than a month after one of the strictest Canadian financial regulators issued a warning against retail forex broker Sumo Forex Limited, the supervisor publishes a warning against CMS Ventures Limited (also known as Pandorx Ventures Ltd.)
The company is operating under the brand CMS Trader from the website: www.cmstrader.com.
On its website, the company claims to have an address in the United Kingdom, with the “Contact us” section of the website showing office addresses in Hong Kong, Paris, Limassol, and Manama.
The OSC notes that CMS Trader is not registered in Ontario, Canada to engage in the business of trading in securities or advising anyone with respect to investing in, buying or selling securities.
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