Cboe Results Presentation Deck
Focused on Efficient Allocation of Capital to Create
Long-Term Shareholder Value
Preserving balance sheet flexibility remains a priority
Capital allocation priorities include:
Investing in the growth of our business
Consistent dividend payments and growth
Opportunistic share repurchases
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Record annual capital return of $520 million in 2020, up 69% versus 2019
Dividend raised each year since IPO; up 17% in 2020; 5-year CAGR of 13%
Debt Outstanding ($ in millions)
3.650% Senior Notes (10Y; Due 2027)
1.625% Senior Notes (10Y; Due 2030)
Revolving Credit Agreement
Term Loan Facility
EuroCCP Credit Facility
Total Debt (Gross)
Debt to EBITDA TTM¹
Adjusted Cash & Financial Investments¹
Dividends Paid
Share Repurchases
¹See Appendix for "Non-GAAP Information."
Dec. 31,
2019
$650
225
$875
1.2x
$208
$40.1
$69.5
Mar. 31,
2020
$650
225
$875
1.0x
$137
$40.0
$119.5
June 30,
2020
$650
225
$875
1.0x
$176
$39.5
$99.8
Sept. 30,
2020
$650
70
225
$945
1.1x
$213
$45.8
$41.8
Dec. 31,
2020
$650
500
70
$1,220
1.4x
$210
$45.4
$88.0
Cboe
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