Colliers International Group Inc. reports news on a global professional services and investment management business operating through Commercial Real Estate, Engineering and Investment Management. Its real estate services include transaction support, property management, valuation and advisory work, loan servicing, engineering and project management, and related services across the asset lifecycle.
Recurring updates cover operating and financial results, shareholder meeting matters, capital-structure activity, debt financing and credit-facility amendments, acquisitions that expand regional service capabilities, and governance actions such as director elections, auditor appointments and equity compensation plan approvals.
Colliers International Group (TSX and NASDAQ: CIGI) has declared a semi-annual cash dividend of US$0.15 per Common Share, including both Subordinate Voting Shares and Multiple Voting Shares. This announcement aligns with Colliers' dividend policy.
The dividend is payable on July 12, 2024, to shareholders on record as of June 28, 2024. Additionally, the dividend is categorized as an 'eligible dividend' for Canadian income tax purposes.
Colliers International Group Inc. (NASDAQ and TSX: CIGI) reported positive first-quarter results for 2024, with revenues of $1.0 billion, a 4% increase year-over-year. Adjusted EBITDA was $108.7 million, up 4%, and Adjusted EPS was $0.77. GAAP operating earnings improved to $43.3 million, with diluted net earnings per share at $0.26. The company remains focused on expanding recurring service lines and strategic acquisitions to benefit shareholders.
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