Nasdaq Stockholders’ Equity (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Schedule of Common Stock in Treasury

The following is a summary of our share repurchase activity, reported based on settlement date, for the nine months ended September 30, 2020 and 2019:

	Nine Month Ended September 30,
	2020		2019
Number of shares of common stock repurchased(1)	1,752,474		2,053,855
Average price paid per share	$	106.26	$	97.37
Total purchase price (in millions)	$	186	$	200

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(1)    Excludes shares withheld upon vesting of restricted stock and PSUs of 296,786 for the nine months ended September 30, 2020 and 363,813 for the nine months ended September 30, 2019.

Schedule of Dividends Declared

During the first nine months of 2020, our board of directors declared the following cash dividends:

Declaration Date	Dividend Per Common Share		Record Date	Total Amount Paid		Payment Date
				(in millions)
January 28, 2020	$	0.47	March 13, 2020	$	78	March 27, 2020
April 22, 2020	0.49		June 12, 2020	80		June 26, 2020
July 22, 2020	0.49		September 11, 2020	81		September 25, 2020
				$	239