Colliers Intl Group Inc Stock Price, News & Analysis

Colliers International Group Inc. (NASDAQ: CIGI) has announced a semi-annual cash dividend of US$0.15 per Common Share for both Subordinate Voting Shares and Multiple Voting Shares. The dividend will be paid on July 14, 2025 to shareholders of record as of June 30, 2025. The company confirmed this distribution aligns with their established dividend policy and qualifies as an "eligible dividend" for Canadian tax purposes.

Colliers International Group (NASDAQ: CIGI) has announced a new normal course issuer bid (NCIB) program to repurchase up to 4.3 million subordinate voting shares, representing approximately 10% of the public float. The buyback will run from May 9, 2025 to May 8, 2026 through TSX, alternative Canadian Trading Systems, and Nasdaq.

The company will pay market price for the shares at the time of acquisition, with daily purchases limited to 13,777 shares (excluding block purchases). BMO Nesbitt Burns has been appointed as the designated broker, and Colliers has established an automatic share purchase plan (ASPP) to facilitate purchases during blackout periods.

Colliers, with $5.0 billion in annual revenues and $100 billion in assets under management, operates through three platforms: Real Estate Services, Engineering, and Investment Management.

Colliers (NASDAQ, TSX: CIGI) has announced the acquisition of Terra Consulting Group, LLC, a Chicago-based telecommunications infrastructure engineering firm, through its Colliers Engineering & Design division. Founded in 1994, Terra employs 70 professionals across five Midwest offices, specializing in telecommunications engineering, land development, site acquisition, and structural design services.

This strategic acquisition enhances Colliers Engineering's Midwest presence and strengthens its telecommunications sector capabilities. The integration aims to provide more comprehensive and integrated services to clients, leveraging Terra's expertise and relationships in the telecommunications industry. Financial terms of the transaction were not disclosed.

Colliers has appointed Katarína Brydone as the new Managing Director of its Czech Republic operations, effective May 2, 2025. Brydone, who brings 19 years of commercial real estate experience, will focus on driving growth and operational excellence while working closely with Monika Rajska-Wolińska, CEO of Colliers in Central and Eastern Europe (CEE).

Brydone joins from Trigea Funds where she served as Head of Asset Management, and previously spent 16 years at CBRE. She replaces Tewfik Sabongui, who is stepping down after seven years of leadership. The appointment aims to strengthen Colliers' presence in the Czech market and enhance client service delivery across the region.

Colliers, a global professional services and investment management company, currently manages $99 billion in assets, generates annual revenues exceeding $4.8 billion, and employs 23,000 professionals worldwide. The company has maintained approximately 20% compound annual returns for shareholders over 30 years.