Nasdaq mulls new buyback

NASDAQ OMX Group will reach a targeted 2.5-times leverage ratio earlier than expected and at the end of the third quarter will set a capital plan likely to include share buybacks, its chief executive said.

“Based upon the current depressed share price, the share buyback certainly would look compelling to us, the board, and to probably many of you here,” boss Robert Greifeld said yesterday at a conference in New York.