CIGI

Colliers Announces Voting Results

Retrieved on: 
Tuesday, April 2, 2024

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX: CIGI; NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that at its annual and special meeting of shareholders held virtually on April 2, 2024, the ten director nominees listed in Colliers’ management information circular dated February 15, 2024 (the “Circular”) were elected as directors of Colliers.

Key Points: 
  • TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX: CIGI; NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that at its annual and special meeting of shareholders held virtually on April 2, 2024, the ten director nominees listed in Colliers’ management information circular dated February 15, 2024 (the “Circular”) were elected as directors of Colliers.
  • Directors have been elected to serve until the close of the next annual meeting of shareholders.
  • The detailed results of the vote are set out below.

Colliers announces upcoming meeting and reporting dates

Retrieved on: 
Wednesday, March 20, 2024

TORONTO, March 20, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that its Annual and Special Meeting of Shareholders will be held virtually on April 2, 2024 at 11:00am ET.

Key Points: 
  • TORONTO, March 20, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that its Annual and Special Meeting of Shareholders will be held virtually on April 2, 2024 at 11:00am ET.
  • Shareholders or guests will not be able to attend the meeting in person.
  • To attend the virtual meeting, please log in at www.virtualshareholdermeeting.com/CIGI2024 at least 15 minutes before the start of the meeting.
  • The rebroadcast will also be available at the above noted web address for 30 days following the call.

Colliers International Group Inc. Completes US$300 Million Bought Deal Public Offering of Equity

Retrieved on: 
Wednesday, February 28, 2024

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) (“Colliers” or the “Company”) is pleased to report that it has closed its previously announced bought deal public offering of 2,479,500 subordinate voting shares (the “Subordinate Voting Shares”), at a price of US$121.00 per Subordinate Voting Share for gross proceeds of US$300.0 million (the “Offering”) with a syndicate of underwriters led by BMO Capital Markets and J.P. Morgan as joint bookrunners, and including Mizuho, National Bank Financial, RBC Capital Markets, Scotiabank, Merrill Lynch, BTIG, LLC, CIBC Capital Markets, Goldman Sachs, Raymond James, TD Securities, Wells Fargo and Stifel Nicolaus (the “Underwriters”).

Key Points: 
  • TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX and NASDAQ: CIGI) (“Colliers” or the “Company”) is pleased to report that it has closed its previously announced bought deal public offering of 2,479,500 subordinate voting shares (the “Subordinate Voting Shares”), at a price of US$121.00 per Subordinate Voting Share for gross proceeds of US$300.0 million (the “Offering”) with a syndicate of underwriters led by BMO Capital Markets and J.P. Morgan as joint bookrunners, and including Mizuho, National Bank Financial, RBC Capital Markets, Scotiabank, Merrill Lynch, BTIG, LLC, CIBC Capital Markets, Goldman Sachs, Raymond James, TD Securities, Wells Fargo and Stifel Nicolaus (the “Underwriters”).
  • Colliers has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any.
  • The net proceeds of the Offering will be used to repay balances outstanding on the Company’s credit facility and are intended to create additional capacity to fund potential future acquisition opportunities and growth initiatives, and for general corporate purposes.
  • No securities regulatory authority has either approved or disapproved of the contents of this news release.

Colliers International Group Inc. Announces US$300 Million Bought Deal Public Offering of Equity

Retrieved on: 
Thursday, February 22, 2024

Colliers has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any.

Key Points: 
  • Colliers has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any.
  • The Offering is expected to close on or about February 28, 2024.
  • Subordinate Voting Shares may also be offered on a private placement basis in other international jurisdictions in reliance on applicable private placement exemptions.
  • Copies of the applicable offering documents, when available, can be obtained free of charge under the Company’s profile on SEDAR+ at www.sedarplus.com and EDGAR at www.sec.gov.

Colliers recognized among best professional services firms by IAOP

Retrieved on: 
Thursday, February 22, 2024

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) has been named to the 2024 Global Outsourcing 100® list by the International Association of Outsourcing Professionals (IAOP).

Key Points: 
  • TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) has been named to the 2024 Global Outsourcing 100® list by the International Association of Outsourcing Professionals (IAOP).
  • This marks Colliers’ 18th consecutive year of being recognized as one of the world's best outsourcing service providers.
  • “We are proud to once again earn this mark of distinction from IAOP, the gold standard of the outsourcing industry,” said Chris McLernon, CEO of Global Real Estate Services at Colliers.
  • "We extend our heartfelt congratulations to Colliers for securing a well-deserved place among the world's finest.”

Colliers Reports Fourth Quarter Results

Retrieved on: 
Thursday, February 8, 2024

TORONTO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers” or the “Company”) today announced operating and financial results for the fourth quarter and year ended December 31, 2023. All amounts are in US dollars.

Key Points: 
  • TORONTO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ and TSX: CIGI) (“Colliers” or the “Company”) today announced operating and financial results for the fourth quarter and year ended December 31, 2023.
  • Fourth quarter adjusted EPS would have been approximately $0.02 lower excluding foreign exchange impacts.
  • The fourth quarter GAAP diluted net earnings per share would have been approximately $0.02 lower excluding changes in foreign exchange rates.
  • “In the fourth quarter, Colliers experienced robust revenue growth in its high-value recurring service lines.

Colliers' Sankey Prasad appointed Chairman and Managing Director for India & CMD for Colliers Project Leaders Middle East

Retrieved on: 
Wednesday, January 24, 2024

DUBAI, UAE, Jan. 24, 2024 /PRNewswire/ -- Global diversified professional services and investment management company, Colliers (NASDAQ: CIGI) (TSX: CIGI), announced today that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East. 

Key Points: 
  • Effective immediately, Mr. Prasad becomes Chairman and Managing Director for India & CMD for the Middle East Engineering business which is under the name of Colliers Project Leaders Middle East.
  • He founded India's largest project management firm, and following Colliers' acquisition, was appointed Chairman & Managing Director India, leading a team of 3000-plus Colliers' professionals.
  • "The expansion of Sankey's role to incorporate Project Leaders operations in the Middle East deepens Colliers' capabilities, qualifications and relationships in both India and the Middle East, to better serve our clients across the region," John Kenny, Colliers' CEO, Asia Pacific, said.
  • "I am deeply honored to have been given the incredible opportunity to lead Colliers in India and Project Leaders Middle East," Mr. Prasad said.

Colliers' Sankey Prasad appointed Chairman and Managing Director for India & CMD for Colliers Project Leaders Middle East

Retrieved on: 
Wednesday, January 24, 2024

DUBAI, UAE, Jan. 24, 2024 /PRNewswire/ -- Global diversified professional services and investment management company, Colliers (NASDAQ: CIGI) (TSX: CIGI), announced today that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East.

Key Points: 
  • Effective immediately, Mr. Prasad becomes Chairman and Managing Director for India & CMD for the Middle East Engineering business which is under the name of Colliers Project Leaders Middle East.
  • He founded India's largest project management firm, and following Colliers' acquisition, was appointed Chairman & Managing Director India, leading a team of 3000-plus Colliers' professionals.
  • "The expansion of Sankey's role to incorporate Project Leaders operations in the Middle East deepens Colliers' capabilities, qualifications and relationships in both India and the Middle East, to better serve our clients across the region," John Kenny, Colliers' CEO, Asia Pacific, said.
  • "I am deeply honored to have been given the incredible opportunity to lead Colliers in India and Project Leaders Middle East," Mr. Prasad said.

Colliers' Sankey Prasad appointed Chairman and Managing Director for India & CDM for Colliers Project Leaders Middle East

Retrieved on: 
Wednesday, January 24, 2024

DUBAI, UAE, Jan. 24, 2024 /PRNewswire/ -- Global diversified professional services and investment management company, Colliers (NASDAQ: CIGI) (TSX: CIGI), announced today that Sankey Prasad will expand his leadership role to include Project Leaders in the Middle East.

Key Points: 
  • Effective immediately, Mr. Prasad becomes Chairman and Managing Director for India & CMD for the Middle East Engineering business which is under the name of Colliers Project Leaders Middle East.
  • He founded India's largest project management firm, and following Colliers' acquisition, was appointed Chairman & Managing Director India, leading a team of 3000-plus Colliers' professionals.
  • "The expansion of Sankey's role to incorporate Project Leaders operations in the Middle East deepens Colliers' capabilities, qualifications and relationships in both India and the Middle East, to better serve our clients across the region," John Kenny, Colliers' CEO, Asia Pacific, said.
  • "I am deeply honored to have been given the incredible opportunity to lead Colliers in India and Project Leaders Middle East," Mr. Prasad said.

Colliers to announce fourth quarter and full year results on February 8, 2024

Retrieved on: 
Thursday, January 11, 2024

TORONTO, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the fourth quarter and full year ended December 31, 2023 will be issued by press release on February 8, 2024 at approximately 7:00am ET.

Key Points: 
  • TORONTO, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX & NASDAQ: CIGI) (“Colliers” or the “Company”) today announced that results for the fourth quarter and full year ended December 31, 2023 will be issued by press release on February 8, 2024 at approximately 7:00am ET.
  • A conference call to review these results will take place at 11:00am ET on February 8, 2024 and will be hosted by Jay S. Hennick, Chairman & CEO, Chris McLernon, CEO, Real Estate Services and Christian Mayer, CFO.
  • The telephone numbers for this call are: Local – Toronto 1-416-764-8624 and Toll Free – NA 1-888-259-6580 with conference ID 79111730.
  • For anyone unable to listen to the scheduled call, the archive recording of the conference call will be available at https://events.q4inc.com/attendee/396881739/guest for 30 days following the call.