Thursday, March 09, 2006

NYSE (NYX) Takes Care of its Own

NYSE is now public. That’s very good because now we get to ask some questions. On the web site they indicate they have 47.5 million shares outstanding. In yesterdays SEC filing NYSE allocates 12.5 million shares to the employee stock option plan at the price of $65.50 @ share. That’s one big whopping amount of shares. Something like 25% or better. Big really big.