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CME Group Announces $2.1B Annual Variable Dividend and $3B Share Repurchase Program
CMECME Group(CME) Prnewswire·2024-12-05 12:30

Core Insights - CME Group's Board of Directors approved initiatives to return capital to shareholders, including a variable dividend of 5.80pershare,totalingapproximately5.80 per share, totaling approximately 2.1 billion, payable on January 16, 2025 [1][3] - A share repurchase program of up to 3billionforCMEGroupClassAcommonstockwasauthorized,allowingflexibilitybasedonmarketconditions[2][5]ThetotalyieldforCMEGroupdividendsin2024is4.93 billion for CME Group Class A common stock was authorized, allowing flexibility based on market conditions [2][5] - The total yield for CME Group dividends in 2024 is 4.9%, reflecting an 8% increase from 2023, with over 28 billion paid in dividends since 2012 [3] Dividend and Share Repurchase Details - The annual variable dividend will be declared and paid in alignment with the first quarter regular dividend starting in 2026 [4] - The share repurchase plan does not have a specified end date and is contingent on stock price and market conditions [5] Company Overview - CME Group is the leading derivatives marketplace, facilitating trading across various asset classes, including interest rates, equity indexes, foreign exchange, energy, agricultural products, and metals [6]