Forex

RBC Buys More CIGI Shares, Boosts Stake to 7.77%

Guavy AI Editorial Team Published July 29, 2026

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Royal Bank of Canada has increased its stake in Colliers International Group Inc. (NASDAQ:CIGI - Free Report) by purchasing an additional 129,144 shares during the first quarter.

This brings the firm's total holdings to 3,970,524 shares, representing a 7.77% ownership stake in the company worth approximately $424 million as of its most recent SEC filing.

Colliers International Group reported earnings per share (EPS) of $0.91 for the quarter, missing the consensus estimate of $0.92 by $0.01. The company's revenue reached $1.13 billion during the quarter, a 15.1% increase from the same period last year.

The firm operates through two principal segments: real estate services and investment management, offering a range of solutions to clients across the entire real estate life cycle.

RBC Buys More CIGI Shares, Boosts Stake to 7.77%

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