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Colliers Announces Normal Course Issuer Bid

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Colliers International Group (CIGI.TO, CIGI) said Wednesday that the Toronto Stock Exchange accepted a notice of its intention to make a normal course issuer bid with respect to its outstanding subordinate voting shares.

The NCIB will allow the company to purchase through the facilities of the TSX, alternative Canadian Trading Systems or The NASDAQ Stock Market up to 4.3 million subordinate voting shares in total, being approximately 10% of the around 43.85 million shares comprising the "public float" as of May 12, 2026 of such class of shares, the company said.

The buyback will begin during the twelve month period starting May 15, 2026 and ending no later than May 14, 2027.

All shares purchased under the NCIB will be cancelled.

The company's previous NCIB authorized the purchase of up to 4.3 million subordinate voting shares and expired on May 8, 2026. Colliers did not purchase any subordinate voting shares pursuant to this previous NCIB, added the company.

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