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Stock impact report

Colliers Reshapes Leadership As Progedil Deal Tests Growth Story [Yahoo! Finance]

Colliers International Group Inc. - Subordinate Voting Shares (CIGI) 
Last colliers international group inc. - subordinate voting shares earnings: 4/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: corporate.colliers.com
Company Research Source: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Colliers International Group (TSX:CIGI) has agreed to acquire Progedil, a residential and urban real estate specialist based in Rome. The company is reshaping its senior team, appointing Christian Mayer as Chief Financial Officer and Elias Mulamoottil as CEO of Commercial Real Estate. Colliers is also installing a new CEO for its Engineering business while preparing for the upcoming retirement of a long serving chief executive. For investors tracking TSX:CIGI, these moves come as the share price stands at CA$157.66, with returns of 24.3% over five years and 5.9% over three years. More recently, the stock has faced pressure, with a 17.3% decline over the past month, a 20.9% decline year to date, and an 11.5% decline over the past year. Combined, the Progedil acquisition and leadership reshuffle could influ Show less Read more
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