Jones Lang LaSalle has agreed to repurchase $500 million of its common stock through an accelerated share repurchase with Wells Fargo. The buyback will be carried out under the company’s previously announced share-repurchase program.
- The agreement was entered into on Oct. 29, 2026.
- The transaction is structured as an accelerated share repurchase, but the company did not provide details on the number of shares involved, pricing or settlement timing.
- The $500 million commitment is part of JLL’s existing repurchase program, rather than a separately announced expansion of that program.
The transaction directs capital toward buying back JLL shares. The final number of shares repurchased—and the resulting effect on shares outstanding—will depend on the transaction’s terms and settlement.