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Altus Group Renews Issuer Bid for Common Shares
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Altus Group Limited has renewed its normal course issuer bid (NCIB) for common shares, aiming to repurchase up to 1,376,034 shares over the next 12 months. The company plans to fund the NCIB purchases from its existing cash balance and intends to enter into an automatic share purchase plan with a designated broker. Altus Group is a leading provider of asset and fund intelligence for commercial real estate, with a global presence and approximately 3,000 employees across North America, EMEA, and Asia Pacific.
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How might the renewal of the issuer bid impact Altus Group's stock price and financial position?
In what ways does Altus Group's global presence and workforce distribution influence its business operations and performance?
What strategies does Altus Group employ to provide asset and fund intelligence for commercial real estate?
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