CBRE Group, Inc. (NYSE:CBG) announced today that the company’s ticker symbol on the New York Stock Exchange will change to “CBRE” from “CBG”. Trading under the new ticker symbol will begin on Monday, March 19, 2018.
“We are pleased to have this opportunity to align our stock’s ticker symbol with our industry-leading global brand,” said Bob Sulentic, president and chief executive officer of CBRE. “This will help to boost visibility with public investors as we continue our intense focus on executing our strategy and building long-term value for our shareholders.”
No action is needed from CBRE’s current shareholders relative to the ticker symbol change. The common stock will continue to be listed on the NYSE and the CUSIP will remain unchanged as 12504L109.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.