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NEW YORK - Nasdaq, Inc. (NASDAQ:NDAQ), the $49.75 billion market cap exchange operator trading near its 52-week high of $87.50, saw its shareholders elect all 12 nominated directors at the company’s Annual Meeting of Shareholders on Wednesday, June 11, 2025, the company announced Monday.
The elected board members include executives and former leaders from various organizations such as AT&T, General Electric, Dubai International Financial Center, TMX Group Limited, The TCW Group, Thoma Bravo, Applied Materials, SEB, SAIC, InvestCloud, and Siris Capital Group.
Adena T. Friedman was re-elected as Chair of the Board for a one-year term. Friedman also serves as Nasdaq’s CEO.
In addition to electing directors, shareholders approved three other proposals: the company’s executive compensation on an advisory basis, the ratification of Ernst & Young LLP as Nasdaq’s independent registered public accounting firm for fiscal year 2025, and an amendment to Nasdaq’s Amended and Restated Certificate of Incorporation allowing for limited exculpation of company officers.
All directors will serve one-year terms on the board, according to the press release statement.
Nasdaq describes itself as a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators with data, analytics, software, and exchange capabilities.
In other recent news, Nasdaq Inc. reported impressive first-quarter 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of 0.79 and revenue of 1.24 billion dollars. This performance represented a 12.5% year-over-year increase in net revenue, driven by strong growth in its solutions revenue and a 17% rise in operating income. Meanwhile, Citi analysts raised their price target for Nasdaq OMX Group to $80 from $75, maintaining a Neutral rating, following the company’s solid quarterly results and steady revenue forecasts for fiscal year 2025.
Nasdaq has also introduced Tape D, a real-time data service for private markets in collaboration with Nasdaq Private Market, aimed at increasing transparency and valuation visibility for private, pre-IPO companies. This initiative is part of Nasdaq’s broader commitment to improving transparency and portfolio management across the investment spectrum. Additionally, trading for Damon Inc. is set to resume on Nasdaq after a suspension that began in late April, with the reasons for the halt remaining undisclosed.
Nasdaq disclosed a slight increase in short interest across its Global Market and Capital Market securities, with a total of 15,820,987,725 shares shorted as of April 15, 2025. The company continues to focus on organic growth and reducing debt, despite a pause in merger and acquisition activities. The recent developments highlight Nasdaq’s ongoing efforts to enhance market transparency and operational efficiency while navigating a dynamic market environment.
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