MarketAxess Holdings, Inc. (MKTX) Tops Q3 EPS by 6c, Declares $0.09 Dividend, Approves $35M Buyback Plan
MarketAxess Holdings, Inc. (NASDAQ: MKTX) reported Q3 EPS of $0.34, $0.06 better than the analyst estimate of $0.28. Revenue for the quarter came in at $46.6 million versus the consensus estimate of $45.89 million.
The Company's board of directors declared a quarterly cash dividend of $0.09 per share of common stock outstanding or issuable upon conversion of outstanding shares of non-voting common stock, to be paid on November 24, 2011 to stockholders of record as of the close of business on November 10, 2011.
The Company's board of directors approved a $35.0 million share repurchase program, which authorizes the Company to repurchase shares of its common stock in the open market or in privately negotiated transactions, at times and prices considered appropriate by the Company.
The Company's board of directors declared a quarterly cash dividend of $0.09 per share of common stock outstanding or issuable upon conversion of outstanding shares of non-voting common stock, to be paid on November 24, 2011 to stockholders of record as of the close of business on November 10, 2011.
The Company's board of directors approved a $35.0 million share repurchase program, which authorizes the Company to repurchase shares of its common stock in the open market or in privately negotiated transactions, at times and prices considered appropriate by the Company.