Virtu Financial Inc. (VIRT) reported fourth quarter adjusted EPS of $0.22 Thursday morning, which exceeded the consensus estimate of $0.12.
The company's board of directors declared a quarterly cash dividend of $0.24 per share and approved a new share repurchase program of up to $50 million in Class A common stock and common units.
Virtu Financial gapped open higher Thursday and climbed for the majority of the morning. Shares finished with a gain of 6.45 at $26.50 on the highest volume of the year. The stock soared to a new high for the year.
by RTT Staff Writer
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