CIGI - Colliers: Normal course issuer bid accepted for up to 10% of float

2023-07-17 17:22:54 ET

• Colliers International Group ( NASDAQ: CIGI ) has announced that the TSX has accepted a notice filed by Colliers of its intention to make a normal course issuer bid with respect to its outstanding subordinate voting shares.
• The notice provides that Colliers may, purchase through the facilities of the TSX, alternative Canadian Trading Systems or The NASDAQ up to 4M Subordinate Voting Shares in total, being ~10% of the 40.07M shares comprising the “public float” as of July 17, 2023 of such class of shares.
• During the period of this NCIB, Colliers may make purchases under the NCIB by means of open market transactions or otherwise as permitted by the Securities Commission.
• Daily purchases under the NCIB will be limited to 16,562 Subordinate Voting Shares, other than block purchases.

For further details see: