Colliers International Announces Election of Directors
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: +12.6%
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TORONTO, April 11, 2018 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (“Colliers”) today announced that at its annual and special meeting of shareholders, held in Toronto on April 10, 2018, the eight director nominees listed in Colliers’ management information circular dated February 28, 2018 were elected as directors of Colliers. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out below.
| Nominee | Votes For | % Votes For | Votes Withheld | % VotesWithheld | ||
| Peter F. Cohen | 56,204,104 | 98.40% | 911,979 | 1.60% | ||
| John (Jack) P. Curtin, Jr. | 56,868,534 | 99.57% | 247,549 | 0.43% | ||
| Stephen J. Harper | 56,501,626 | 98.92% | 614,457 | 1.08% | ||
| Michael D. Harris | 55,439,426 | 97.06% | 1,676,657 | 2.94% | ||
| Jay S. Hennick | 55,899,184 | 97.87% | 1,216,899 | 2.13% | ||
| Katherine M. Lee | 56,979,291 | 99.76% | 136,792 | 0.24% | ||
| Benjamin F. Stein | 57,018,049 | 99.83% | 98,034 | 0.17% | ||
| L. Frederick Sutherland | 56,981,792 | 99.76% | 134,291 | 0.24% | ||
* As a vote was taken by a show of hands, the number of votes disclosed reflects those proxies received by management in advance of the meeting.
In addition, at the meeting, Colliers shareholders approved, with a vote by a show of hands, the appointment of PricewaterhouseCoopers LLP as the auditor of Colliers for the ensuing year, and an amendment to the Colliers stock option plan, in each case as described in the circular.
About Colliers International Group Inc.
Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is an industry-leading real estate services company with a global brand operating in 69 countries and a workforce of more than 12,000 skilled professionals serving clients in the world’s most important markets. Colliers is the fastest-growing publicly listed global real estate services company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting. Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers has also been ranked the number one property manager in the world by Commercial Property Executive for two years in a row.
For the latest news from Colliers, visit Colliers.com or follow us on Twitter: @Colliers and LinkedIn.
COMPANY CONTACTS:
Jay S. HennickChairman & CEOJohn B. FriedrichsenCFO
(416) 960-9500
Source: Colliers International Group Inc.Serious News for Serious Traders! Try StreetInsider.com Premium Free!
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