Colliers International (CIGI) Stock

Artisan Partners, an investment management firm, published its investor letter for the Artisan Small Cap Fund for the third quarter of 2024. You can download the letter here. During this quarter, small cap stocks performed well, especially in July when the Russell 2000 Index had a return of 10.2%.

LONDON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Colliers, a major global professional services firm, has announced that John Munday will become the Chief Executive Officer (CEO) of Colliers UK starting on 3 March 2025. In his new role, Munday will guide the strategic direction of the UK’s leading transactional and advisory services firm, which employs over 1,000 people.

TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) has announced that its Board of Directors will pay a semi-annual cash dividend of US$0.15 per Common Share on its Subordinate Voting Shares and Multiple Voting Shares. This payment aligns with Colliers' dividend policy and will be distributed on January 14, 2025, to shareholders recorded by the end of business on December 31, 2024. Additionally, this dividend qualifies as an "eligible dividend" for Canadian tax purposes.

It increases its presence across the country and improves its skills in architectural and strategic planning. This growth allows for better planning and design on a national level. Overall, it strengthens the organization's ability to operate effectively.

TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) has announced that it is expanding and extending its unsecured multi-currency revolving credit facility for a new five-year term, which will now end in November 2029. This new agreement replaces the old one that was due to mature in May 2027 and raises the borrowing limit from $1.75 billion to $2.25 billion.

AMSTERDAM, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Colliers, a top global professional services firm, has named Jeroen Lokerse as the new CEO for the Netherlands. Lokerse's role will focus on driving the strategic goals and ongoing growth of the Dutch operations, as well as improving opportunities for employees in the country.

Colliers International Group Inc. (NASDAQ:CIGI) will hold its Q3 2024 Earnings Conference Call on November 5, 2024, at 11:00 AM ET. The call will feature company leaders including Jay Hennick, the Global Chairman and CEO, and Christian Mayer, the CFO. Various analysts from different financial institutions will also participate in the call.

Colliers International Group Inc. reported strong growth in all its service areas and has adjusted its operating segments to better show value and growth. For the third quarter of 2024, revenues reached $1,179.1 million, up from $1,056.0 million in 2023, while adjusted EBITDA also increased. The company shared its financial results for the third quarter ending September 30, 2024, with all figures presented in US dollars.

Colliers International (CIGI) saw an increase in its share price during the last trading session, with higher-than-normal trading volume. Recent changes in earnings estimates for the stock indicate that it may continue to perform well in the future.