(Nasdaq) Nasdaq Inc. is seeking the approval of its shareholders to execute a 3-for-1 stock split.
The company announced a $0.60 per share quarterly dividend, up by 11% in the quarter that saw revenues improve by 5% to $892 million.
Nasdaq reported Solutions segments revenue of $576 million in the first quarter, up by 15% from the prior year. Markets Services revenue was $315 million, down by 6% from the prior year.
The diluted GAAP EPS was reported at $1.70, down by 4% from the prior year.
The company said it repurchased $467 million worth of stock in the quarter, which included $325 million from the accelerated share repurchase agreement.
NASDAQ 100 is up +2.15%