Real Brokerage and Re/Max complete merger to form Real REMAX Group

M&A · PartnershipCorporate Action
โดย Seeking Alpha·US·Read original
Summary · why it matters

The Real Brokerage and Re/Max have closed their previously announced merger and now operate under the name Real REMAX Group. The combined company also announced a $450 million share repurchase authorization. Starting Tuesday, Aug. 25, 2026, shares of Real REMAX Group will trade on the Nasdaq under the REAX symbol. Under the agreement, Real Brokerage shareholders, following a 10-for-1 share consolidation, received one share of Real REMAX common stock for each REAX share held, while Re/Max shareholders received either 0.515 REAX shares or $4.33 in cash and 0.3535 REAX shares for each RMAX share. Real Brokerage stock rose 8.6% and Re/Max shares jumped 7.6% in after-hours trading.

Impact on stocks 2

Real Estate · 2 stocks
Real Brokerage Inc
REAX
▲ PositiveCapitalrelevance

Merger completed and $450M buyback authorized, stock rose 8.6% after hours.

Re Max Holding
RMAX
▲ PositiveCapitalrelevance

Merger completed and $450M buyback authorized, stock jumped 7.6% after hours.