Colliers Declares Semi-Annual Dividend on Common Shares
May 13 2021 - 4:01PM
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI)
("
Colliers") announced today that its board of
directors has declared a semi-annual cash dividend on the
outstanding Subordinate Voting Shares and Multiple Voting Shares
(together, the "
Common Shares") of Colliers of
US$0.05 per Common Share. This dividend is in accordance with the
dividend policy of Colliers. The dividend is payable on July 14,
2021 to holders of Common Shares of record at the close of business
on June 30, 2021. The dividend is an "eligible dividend" for
Canadian income tax purposes.
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified
professional services and investment management company. With
operations in 67 countries, our more than 15,000 enterprising
professionals work collaboratively to provide expert advice to real
estate occupiers, owners and investors. For more than 25 years, our
experienced leadership with significant insider ownership has
delivered compound annual investment returns of almost 20% for
shareholders. With annualized revenues of $3.0 billion ($3.3
billion including affiliates) and $40 billion of assets under
management, we maximize the potential of property and accelerate
the success of our clients and our people. Learn more at
corporate.colliers.com, Twitter @Colliers or LinkedIn.
Forward-looking Statements
Certain information included in this news release is
forward-looking, within the meaning of applicable securities laws.
Much of this information can be identified by words such as
“believe”, “expects”, “expected”, “will”, “intends”, “projects”,
“anticipates”, “estimates”, “continues” or similar expressions
suggesting future outcomes or events. Colliers believes the
expectations reflected in such forward-looking statements are
reasonable but no assurance can be given that these expectations
will prove to be correct and such forward-looking statements should
not be unduly relied upon.
Forward-looking statements are based on current information and
expectations that involve a number of risks and uncertainties,
which could cause actual results or events to differ materially
from those anticipated. These risks include, but are not limited
to, risks associated with: (i) general economic and business
conditions, which will, among other things, impact demand for
Colliers’ services and the cost of providing services; (ii) the
ability of Colliers to implement its business strategy, including
Colliers’ ability to identify and acquire suitable acquisition
candidates on acceptable terms and successfully integrate newly
acquired businesses with its existing businesses; (iii) changes in
or the failure to comply with government regulations; and (iv) such
factors as are identified in the Annual Information Form of
Colliers for the year ended December 31, 2020 under the heading
“Risk Factors” (which factors are adopted herein and a copy of
which can be obtained at www.sedar.com). Forward looking statements
contained in this news release are made as of the date hereof and
are subject to change. All forward-looking statements in this news
release are qualified by these cautionary statements. Except as
required by applicable law, Colliers undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events or otherwise.
COLLIERS CONTACTS:Jay S.
HennickChairman and CEOChristian
MayerCFO
(416) 960-9500
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