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CBRE Group ( (CBRE) ) just unveiled an update.
CBRE Group, Inc. has expanded its stock repurchase authorization by an additional $5 billion, complementing the existing $4 billion plan. This move reflects CBRE’s confidence in its long-term growth potential, backed by a strong financial position and a resilient business model. The company aims to capitalize on its low leverage and robust cash flow to enhance shareholder value, having already repurchased 36 million shares since 2021.
For detailed information about CBRE stock, go to TipRanks’ Stock Analysis page.
