Jones Lang LaSalle Registers 389,000 Shares Under Incentive Plan

Jones Lang LaSalle Incorporated (NYSE: JLL) has filed a Form S-8 registration statement with the U.S. Securities and Exchange Commission to register 389,000 shares of its common stock under the Fourth Amended and Restated 2019 Stock Award and Incentive Plan.

The newly registered shares are intended to support the company’s equity compensation programs, which aim to attract and retain top talent through stock awards and incentives. The shares will be issued at a par value of $0.01 per share and may be granted to eligible employees, officers, and directors.
The registration includes legal opinions and accounting consents, and it reaffirms the company's commitment to full compliance with SEC regulations. The filing also outlines indemnification provisions for officers and directors under Maryland law, the company’s charter, and its bylaws.

JLL reported strong financial results for the fourth quarter and full year 2024, driven by double-digit revenue growth and cost discipline. Q4 revenue reached $6.8 billion, marking a 16% increase in local currency. Transactional revenue grew by 22%, with Capital Markets surging 32% due to increased investment sales and debt advisory, and Leasing rising 14% across all asset classes. Work Dynamics also posted its fourth consecutive quarter of double-digit growth, led by Workplace and Project Management.

Earnings per share for Q4 were $4.97, up $1.40 from the previous year, while adjusted EPS rose to $6.15, up $0.79. For the full year, EPS stood at $11.30, reflecting a $6.63 increase, and adjusted EPS reached $14.01, up $3.62.

Cost discipline contributed to margin improvement and strong cash flow generation, with JLL producing $785 million in operating cash flows in 2024, an increase of $210 million from the prior year. CEO Christian Ulbrich highlighted JLL’s accelerating transactional activity, growth in resilient revenues, and focus on operating efficiency, positioning the company for further market share gains and profitable growth in 2025.