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TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — Colliers Worldwide Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (“Colliers“) introduced right this moment that its board of administrators has declared a semi-annual money dividend on the excellent Subordinate Voting Shares and A number of Voting Shares (collectively, the “Frequent Shares“) of Colliers of US$0.05 per Frequent Share. This dividend is in accordance with the dividend coverage of Colliers. The dividend is payable on January 14, 2021 to holders of Frequent Shares of document on the shut of enterprise on December 31, 2020. The dividend is an “eligible dividend” for Canadian earnings tax functions.
About Colliers Worldwide
Colliers Worldwide (NASDAQ, TSX: CIGI) is a number one diversified skilled companies and funding administration firm. With operations in 68 international locations, our greater than 15,000 enterprising professionals work collaboratively to offer professional recommendation to maximise the worth of property for actual property occupiers, homeowners and traders. For greater than 25 years, our skilled management, proudly owning roughly 40% of our fairness, has delivered compound annual funding returns of just about 20% for shareholders. In 2019, company revenues have been greater than $3.Zero billion ($3.5 billion together with associates), with $33 billion of property below administration in our funding administration phase.
Be taught extra about how we speed up success at corporate.colliers.com, Twitter @Colliers or LinkedIn.
Ahead-looking Statements
Sure info included on this information launch is forward-looking, throughout the that means of relevant securities legal guidelines. A lot of this info might be recognized by phrases reminiscent of “consider”, “expects”, “anticipated”, “will”, “intends”, “tasks”, “anticipates”, “estimates”, “continues” or comparable expressions suggesting future outcomes or occasions. Colliers believes the expectations mirrored in such forward-looking statements are affordable however no assurance might be provided that these expectations will show to be right and such forward-looking statements shouldn’t be unduly relied upon.
Ahead-looking statements are based mostly on present info and expectations that contain quite a lot of dangers and uncertainties, which might trigger precise outcomes or occasions to vary materially from these anticipated. These dangers embrace, however usually are not restricted to, dangers related to: (i) normal financial and enterprise circumstances, which can, amongst different issues, influence demand for Colliers’ companies and the price of offering companies; (ii) the flexibility of Colliers to implement its enterprise technique, together with Colliers’ skill to determine and purchase appropriate acquisition candidates on acceptable phrases and efficiently combine newly acquired companies with its current companies; (iii) adjustments in or the failure to adjust to authorities laws; and (iv) such elements as are recognized within the Annual Info Type of Colliers for the 12 months ended December 31, 2019 below the heading “Danger Components” (which elements are adopted herein and a replica of which might be obtained at www.sedar.com). Ahead trying statements contained on this information launch are made as of the date hereof and are topic to vary. All forward-looking statements on this information launch are certified by these cautionary statements. Besides as required by relevant legislation, Colliers undertakes no obligation to publicly replace or revise any forward-looking assertion, whether or not because of new info, future occasions or in any other case.
COLLIERS CONTACTS:
Jay S. Hennick
Chairman and CEO
Christian Mayer
CFO
(416) 960-9500
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