CoStar Group Announces Ten-for-One Stock Split


WASHINGTON–(COMMERCIAL THREAD) – CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of online commercial real estate information, analysis and markets, today announced that its board of directors has approved and declared a ten-party split for one of the joint actions of CoStar Group. in the form of a stock dividend with the aim of making share ownership more accessible to employees and investors. The Board set June 17, 2021 as the date for recording the dividend in shares. Each shareholder of record as of the close of business on the record date will receive a dividend of nine additional common shares for each share then held. Dividend shares are expected to be distributed after market close on June 25, 2021 and start trading on a stock split adjusted basis on June 28, 2021.

About the CoStar Group

CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of online commercial real estate information, analysis and markets. Founded in 1987, CoStar conducts extensive and ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our online suite of services enables clients to analyze, interpret and gain unparalleled insight into commercial property values, market conditions and current availability. STR provides benchmarking of premium market data, analysis and insight for the global hospitality industry. Ten-X provides a leading platform for conducting online commercial real estate auctions and negotiated offers. LoopNet is the busiest online commercial real estate market. Reala is the UK’s most comprehensive digital commercial property marketplace. Appartements.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartments.com are the premier online apartment resource for renters looking for great apartments and provide property managers and owners with a proven platform for marketing their properties. Homesnap is a leading online and mobile software platform that provides user-friendly applications to optimize the workflow of residential real estate agents and strengthen the agent-client relationship. Homes.com provides real estate professionals with branded and proprietary advertising that connects consumers with real estate professionals. CoStar Group websites attract tens of millions of unique visitors per month. Headquartered in Washington, DC, CoStar has offices in the United States and Europe, Canada and Asia with a workforce of over 4,600 people worldwide, including the industry’s largest professional research organization. For more information visit www.costargroup.com.


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