The company's Board of Directors also authorized the company to repurchase an additional $100 million of its outstanding common stock, to be used in addition to any unused amount remaining under prior authorizations. The new authorization brings the total amount available for stock repurchases to approximately $167 million at December 9, 2013. The company had approximately 87 million shares of common stock outstanding at December 9, 2013.
CBOE Holdings is the holding company for Chicago Board Options Exchange, Incorporated, C2 Options Exchange, Incorporated, CBOE Futures Exchange, LLC and other subsidiaries. Co.'s main business is the operation of markets for the trading of listed, or exchange-traded, options contracts on three product categories: stocks of individual corporations (equity options); several market indexes (index options); and other exchange-traded products such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options). Co. also provides futures products through its futures market. Co. operates three stand-alone exchanges, but reports the results of its operations in one reporting segment. Open the CBOE Page at The Online Investor »
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