Nasdaq (NDAQ) Net Shares Issued and Repurchased (2009 - 2026)
Nasdaq's Net Shares Issued and Repurchased came in at -$323 million for Q3 2026, compared with -$115 million a year earlier.
Nasdaq (NDAQ) Net Shares Issued and Repurchased (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Nasdaq reported Net Shares Issued and Repurchased of -$1.47 billion; for FY2025, it was -$616 million.
- Going back by year, Net Shares Issued and Repurchased was -$145 million in FY2024, -$240 million in FY2023, -$285 million in FY2022 and -$442 million in FY2021.
- The five-year range for quarterly Net Shares Issued and Repurchased is -$533 million (Q1 2026) to $426 million (Q4 2021).
- Business Quant data shows NDAQ's Net Shares Issued and Repurchased at -$323 million (Q2 2026), -$533 million (Q1 2026) and -$286 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Shares Issued (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.48 Bn | 98.81 Bn | 359.20 Mn | - |
| 2 | Bank of New York Mellon | 101.69 Bn | 35.78 Bn | - | -932.00 Mn |
| 3 | Intercontinental Exchange | 98.41 Bn | 92.22 Bn | 1.22 Bn | -400.00 Mn |
| 4 | Robinhood Markets | 73.28 Bn | 52.89 Bn | - | -24.00 Mn |
| 5 | Nasdaq | 61.44 Bn | 58.88 Bn | 1.48 Bn | -323.00 Mn |
| 6 | State Street | 46.84 Bn | 43.46 Bn | - | -400.00 Mn |
| 7 | Cboe Global Markets | 38.04 Bn | 28.52 Bn | 712.20 Mn | -52.30 Mn |
| 8 | Interactive Brokers | 35.16 Bn | 18.81 Bn | - | - |
| 9 | Northern Trust | 32.22 Bn | 32.22 Bn | - | 365.60 Mn |
| 10 | Tradeweb Markets | 30.09 Bn | 22.61 Bn | - | -206.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -323.00 Mn |
| Jun 30, 2026 | -323.00 Mn |
| Mar 31, 2026 | -533.00 Mn |
| Dec 31, 2025 | -286.00 Mn |
| Sep 30, 2025 | -115.00 Mn |
| Jun 30, 2025 | -72.00 Mn |
| Mar 31, 2025 | -115.00 Mn |
| Sep 30, 2024 | -87.00 Mn |
| Jun 30, 2024 | -58.00 Mn |
| Dec 31, 2023 | -99.00 Mn |
| Mar 31, 2023 | -159.00 Mn |
| Dec 31, 2022 | 332.00 Mn |
| Sep 30, 2022 | -1.00 Mn |
| Jun 30, 2022 | -166.00 Mn |
| Mar 31, 2022 | -467.00 Mn |
| Dec 31, 2021 | 426.00 Mn |
| Sep 30, 2021 | -475.00 Mn |
| Jun 30, 2021 | -248.00 Mn |
| Mar 31, 2021 | -162.00 Mn |
| Sep 30, 2020 | -33.00 Mn |
Nasdaq Net Shares Issued and Repurchased API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-shares-issued-and-repurchased&ticker=NDAQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-shares-issued-and-repurchased", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-shares-issued-and-repurchased&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();