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Income Per Share and Stockholders' Equity
 3 Months Ended
Mar. 31, 2025
Earnings Per Share And Stockholders Equity [Abstract]  
Income Per Share and Stockholders' Equity Income Per Share and Stockholders’ Equity
The calculations of basic and diluted income per share attributable to CBRE Group, Inc. stockholders are as follows (dollars in millions, except share and per share data):
Three Months Ended
March 31,
20252024
Basic Income Per Share
Net income attributable to CBRE Group, Inc. stockholders$163 $126 
Weighted average shares outstanding for basic income per share300,288,602 305,808,212 
Basic income per share attributable to CBRE Group, Inc. stockholders$0.54 $0.41 
Diluted Income Per Share
Net income attributable to CBRE Group, Inc. stockholders$163 $126 
Weighted average shares outstanding for basic income per share300,288,602 305,808,212 
Dilutive effect of contingently issuable shares2,626,069 2,694,244 
Weighted average shares outstanding for diluted income per share302,914,671 308,502,456 
Diluted income per share attributable to CBRE Group, Inc. stockholders$0.54 $0.41 
For the three months ended March 31, 2025 and 2024, 299,767 and 631,095, respectively, of contingently issuable shares were excluded from the computation of diluted income per share because their inclusion would have had an anti-dilutive effect.
On November 21, 2024, our board of directors authorized an additional $5.0 billion to our existing $4.0 billion share repurchase program (as amended, the 2024 program) bringing the total authorized amount under the 2024 program to a total of $9.0 billion as of March 31, 2025. The board also extended the term of the 2024 program through December 31, 2029. During the three months ended March 31, 2025, we repurchased 3,061,972 shares of our common stock with an average price of $132.94 per share using cash on hand for an aggregate of $407 million under the 2024 program. As of March 31, 2025, we had approximately $5.4 billion of capacity remaining under the 2024 program. We did not repurchase any shares of our common stock during the three months ended March 31, 2024.