Nasdaq Inc Stock Price, News & Analysis

Nasdaq (NDAQ) announced its monthly trading volumes for July 2022. The data sheet detailing these volumes is available on their investor relations website. This report serves as an important metric for investors, reflecting the trading activity and market dynamics during the month. Nasdaq continues to position itself as a leader in technology solutions for capital markets.

Nasdaq (NDAQ) has appointed Johan Torgeby, President and Group CEO of Skandinaviska Enskilda Banken, to its Board of Directors, expanding the board to 11 members.

Torgeby's extensive financial expertise is expected to enhance the board's insights into investor protection and risk management. His appointment is part of Nasdaq's strategic evolution, aiming to strengthen integrity and transparency in global financial markets.

The Board of Directors of Nasdaq has declared a 3-for-1 stock split in the form of a stock dividend and a quarterly dividend of $0.20 per share. The stock split allows shareholders to receive two additional shares for every share owned, with a record date of August 12, 2022 and a distribution date of August 26, 2022. Trading on a split-adjusted basis will commence on August 29, 2022. The quarterly dividend, equivalent to the prior $0.60 per share, is payable on September 30, 2022 to shareholders recorded by September 16, 2022.

On July 20, 2022, Nasdaq reported a 6% increase in net revenues to $893 million for Q2 2022, driven by a 10% growth in Solutions segments. Annualized Recurring Revenue (ARR) rose 9% to $1,965 million, with SaaS revenues up 12%. GAAP diluted EPS fell 10% to $1.85, while non-GAAP EPS increased 9% to $2.07. The company returned $819 million to shareholders and declared a three-for-one stock split, effective August 29, 2022. Q2 operating expenses rose 2%, with a strong focus on Anti Financial Crime solutions.

The Nasdaq Stock Market announced the delisting of several companies due to trading suspensions. Alberton Acquisition Corporation, Zosano Pharma Corporation, Electric Last Mile Solutions, Inc., 4D pharma plc, and Enjoy Technology, Inc. were all suspended from trading on various dates in 2022 and will be formally delisted. Nasdaq will file a Form 25 with the SEC to finalize these delistings, effective ten days post-filing. Investors are advised to check public filings for additional information regarding the delistings and potential trading venues.

On July 11, 2022, Nasdaq (NDAQ) released its monthly and quarterly volumes for June 2022, highlighting metrics like estimated revenue capture and the number of listings. The detailed statistics are available on its investor relations website. Nasdaq emphasizes its role as a global technology company, providing data, analytics, and software solutions to capital markets. Additionally, the announcement includes cautionary statements regarding forward-looking information, noting risks and uncertainties that may impact future performance.

Nasdaq, Inc. (NDAQ) has successfully elected all nominated directors to the boards of its U.S. exchanges, enhancing governance and leadership. Notable directors include Kathlyn Card Beckles from Verisk Analytics and Tal Cohen, EVP at Nasdaq. Other elected members bring diverse experience from various financial institutions, including Goldman Sachs and SiriusXM Holdings. This restructuring is expected to strengthen Nasdaq's market position, reflecting its commitment to effective governance and operational excellence.