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Colliers Launches New Share Buyback Program After Prior Bid Expires Unused

Story Highlights
  • Colliers obtained TSX approval on May 13, 2026 to begin a new normal course issuer bid on May 15, authorizing repurchases of up to 4.3 million subordinate voting shares, or roughly 10% of its public float, over a 12-month period through Canadian venues and Nasdaq at market prices.
  • All repurchased shares will be cancelled, and with an automatic share purchase plan in place via BMO Nesbitt Burns, Colliers appears poised to use buybacks more actively than under its previous issuer bid, which expired May 8, 2026 without any shares being purchased, potentially boosting shareholder value.
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Colliers Launches New Share Buyback Program After Prior Bid Expires Unused

Meet Samuel – Your Personal Investing Prophet

An update from Colliers International Group ( (TSE:CIGI) ) is now available.

On May 13, 2026, Colliers International Group Inc. announced that the Toronto Stock Exchange has accepted its notice of intention to launch a new normal course issuer bid for its subordinate voting shares. The program allows Colliers, beginning May 15, 2026 and running to no later than May 14, 2027, to repurchase up to 4.3 million shares, about 10% of its public float, through the TSX, alternative Canadian trading systems and Nasdaq at prevailing market prices.

Management will determine the timing and volume of repurchases, which are capped by daily limits on the TSX, and all shares bought back will be cancelled, potentially enhancing per-share metrics and signalling confidence in the company’s valuation. The company’s prior issuer bid for the same maximum amount expired on May 8, 2026 without any shares being repurchased, while the new bid is supported by an automatic share purchase plan with BMO Nesbitt Burns to allow buybacks during blackout periods, underscoring a more active capital-return toolkit for shareholders.

The most recent analyst rating on (TSE:CIGI) stock is a Buy with a C$150.00 price target. To see the full list of analyst forecasts on Colliers International Group stock, see the TSE:CIGI Stock Forecast page.

Spark’s Take on CIGI Stock

According to Spark, TipRanks’ AI Analyst, CIGI is a Neutral.

The score is held back primarily by weak technical momentum (price below key moving averages with negative MACD) and mixed financial quality (thin net margins and deteriorating recent free-cash-flow conversion). These are partially offset by a positive earnings-call outlook, with maintained mid-teens growth guidance and strong segment momentum, while valuation metrics (negative P/E and low yield) provide limited support.

To see Spark’s full report on CIGI stock, click here.

More about Colliers International Group

Colliers International Group Inc. is a global diversified professional services and investment management company operating across Commercial Real Estate, Engineering, and Investment Management. With more than 24,000 professionals, $5.7 billion in annual revenue and $109 billion in assets under management, it focuses on high-value services across the full asset lifecycle for clients worldwide.

Average Trading Volume: 110,983

Technical Sentiment Signal: Sell

Current Market Cap: C$6.69B

Learn more about CIGI stock on TipRanks’ Stock Analysis page.

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