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Bullish CBRE tops up buyback drive with another $5 billion of stock

Broker says its shares remain undervalued given strong prospects
The CBRE booth with attendees at ICSC 2024 in Las Vegas, Nevada. (Michael Hirsch/CoStar)
The CBRE booth with attendees at ICSC 2024 in Las Vegas, Nevada. (Michael Hirsch/CoStar)
CoStar News
November 25, 2024 | 11:24 AM

CBRE, the world's largest real estate broker, has increased its authorised stock buyback programme by another $5 billion, saying its share price remains undervalued given its strong prospects.

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