Colliers International to Launch Buyback for 10% of Public Float

Dow Jones

05/13

By Adriano Marchese

Colliers International Group intends to launch a share repurchase program to buy back up to 10% of its outstanding subordinate voting shares over the course of a one-year period.

The commercial real estate services and investment management company said Wednesday that the Toronto Stock Exchange has approved its plan to launch a normal course issuer bid to buy back up to 4.3 million subordinate voting shares.

Colliers' stock has been under pressure in 2026, falling about 35% since the year began to close on Tuesday at 130.85 Canadian dollars ($95.52).

At Tuesday's closing price, the value of the shares intended for buyback would be worth about C$562.7 million.

Colliers can begin buying back shares starting on May 14.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

May 13, 2026 07:56 ET (11:56 GMT)

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