CBRE Group Boosts Stock Repurchase Authorization by $5 Billion

CBRE Group ( (CBRE) ) just unveiled an update.

CBRE Group, Inc. has expanded its stock repurchase authorization by an additional $5 billion, complementing the existing $4 billion plan. This move reflects CBRE’s confidence in its long-term growth potential, backed by a strong financial position and a resilient business model. The company aims to capitalize on its low leverage and robust cash flow to enhance shareholder value, having already repurchased 36 million shares since 2021.

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