Colliers International Group Inc. announced a new normal course issuer bid (NCIB) allowing it to repurchase up to 4.3 million subordinate voting shares, about 10% of its public float, from May 15, 2026, to May 14, 2027. The shares will be bought at market price through the Toronto Stock Exchange, Nasdaq, or alternative Canadian trading systems, with all repurchased shares being cancelled. This move follows the expiration of a previous NCIB under which no shares were bought. Colliers aims to use this program if it finds its share price attractive and believes the buyback benefits the company and shareholders. BMO Nesbitt Burns Inc. will act as the designated broker, with an automatic share purchase plan in place to allow buying during blackout periods. This buyback program signals Colliers' confidence in its stock and commitment to shareholder value.
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