Real Brokerage IncMerger completed and $450M buyback authorized, stock rose 8.6% after hours.
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.
Real Brokerage IncMerger completed and $450M buyback authorized, stock rose 8.6% after hours.
Re Max HoldingMerger completed and $450M buyback authorized, stock jumped 7.6% after hours.