JLL unveils strategy with $3B share repurchase program
Jones Lang LaSalle Incorporated (NYSE: JLL) announced its Accelerate 2030 strategy during an investor briefing, setting long-term financial targets and expanding its share repurchase program to $3 billion.
The commercial real estate services company outlined financial targets of 8% annual revenue growth, 12% annual adjusted EBITDA growth, and 16% annual adjusted EPS growth on average through the cycle. The company plans to launch a $200 million accelerated share repurchase program.
JLL authorized an additional $2.2 billion for share repurchases, bringing the total program to $3 billion, which the company described as the largest in its history. The Accelerate 2030 strategy focuses on the company's data capabilities, unified platform, and client advisory approach.
"Accelerate 2030 builds on JLL's strengths — actionable intelligence, trusted advice and seamless execution," said Christian Ulbrich, Chief Executive Officer and President. "With our resilient platform, strong balance sheet and disciplined capital allocation strategy, we are well positioned to build on the momentum underway."
Chief Financial Officer Kelly Howe stated that the financial targets reflect confidence in the company's ability to drive growth and margin enhancement. "We have the financial strength and flexibility to continue to invest in high-return opportunities while returning capital to shareholders," Howe said.
JLL reported annual revenue of $26.1 billion as of December 31, 2025, with operations in over 80 countries and more than 113,000 employees. The company provides commercial real estate services and investment management across various property types including office, industrial, hotel, retail and data center properties.
