Real REMAX Group Inc. (REAX) finalized its acquisition of RE/MAX Holdings Inc. on August 24, 2026, forming a combined company that began regular trading on the Nasdaq under the REAX ticker. The newly combined company’s board authorized a share repurchase program of up to $450 million, capped at 25 million common shares, with purchases potentially conducted through open-market transactions, privately negotiated deals or other methods depending on market conditions. Chairman and chief executive officer Tamir Poleg said the authorization reflected the company’s confidence in its long-term strategy and its commitment to balanced capital allocation. The combination creates a technology-enabled real estate platform spanning brokerage, franchising and ancillary services, with more than 180,000 agents, including over 100,000 in the U.S. and Canada, across more than 120 countries and territories. The buyback could support the stock during the integration period while leaving room for liquidity, operational needs and integration costs. Investors are expected to focus on integration milestones, synergy realization, agent growth and operating leverage as the company combines Real’s technology platform and agent-centric model with RE/MAX’s global franchise network.