Nov 4, 8:04 AM ET
Jones Lang LaSalle elected two independent, non-executive directors, Nabeel Al-Amudi and Toni Townes-Whitley, to its Board, effective December 1, 2026, expanding the Board to 13 members. Both will serve on the Audit & Risk and Compensation Committees until the 2027 Annual Meeting of Shareholders.
- Board elected Al-Amudi and Townes-Whitley on November 3, 2026; effective date is December 1, 2026.
- Board expands to 13 members, per the company's news release.
- Al-Amudi is a former Saudi transport minister and former CEO of Olayan Financing Company; Townes-Whitley was most recently CEO of Science Applications International Corp. (SAIC).
- Both will receive pro-rated non-employee director compensation under the company's existing program.
Read the filing on SEC.gov ↗
Oct 30, 7:56 AM ET
On October 29, 2026, Jones Lang LaSalle entered into a confirmation with Wells Fargo Bank for an accelerated share repurchase of $500 million of its common stock. The buyback is being made under the company's previously announced share repurchase program, so it reflects capital already authorized by the board.
- Size of the accelerated share repurchase: $500 million of common stock
- Counterparty: Wells Fargo Bank
- Executed October 29, 2026, under the previously announced share repurchase program
- Filing signed by CFO Kelly Howe on October 30, 2026
Read the filing on SEC.gov ↗
Oct 28, 7:33 AM ET
JLL reported third-quarter 2026 revenue of $7.3 billion, up 12% in USD, and diluted earnings per share of $6.85, up 49% from $4.61 a year earlier. The company also raised its full-year Adjusted EPS target range and plans a new $500 million accelerated share repurchase, which the company said it intends to execute imminently.
- Diluted EPS $6.85 versus $4.61 in Q3 2025; adjusted diluted EPS $6.76, up 50% in USD
- Revenue $7.3 billion, up 12%; Leasing Advisory up 27% in local currency, Capital Markets Services up 21%
- Intends to execute a $500 million accelerated share repurchase imminently; $2.5 billion remained authorized as of September 30, 2026
- Net debt fell to $858.7 million at September 30, 2026, from $1,190.3 million at June 30, 2026
Read the filing on SEC.gov ↗
Sep 30, 4:45 PM ET
Jones Lang LaSalle disclosed that Mihir Shah, CEO of Jones Lang LaSalle Technologies and a member of the Global Executive Board, will depart effective April 1, 2027. His separation agreement provides cash severance, a pro-rated incentive payment and other benefits, with equity awards treated under existing plans.
- Mihir Shah leaves the company effective April 1, 2027; the separation agreement is dated September 28, 2026
- Severance equals 54 weeks of base salary, or $675,000, plus a pro-rated Annual Incentive Plan payment of $590,000 and an additional payment of $2,360,000
- Unvested equity awards are forfeited as of the Separation Date, with pro-rated vesting of outstanding awards based on service
- Payments are conditioned on a general release of claims; the agreement includes a twelve-month non-solicitation covenant
Read the filing on SEC.gov ↗
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