Exp World Holdings, INC 8-K filings

eXp Realty has appointed Leo Pareja as its new CEO, succeeding Glenn Sanford who will now focus on his role as Chairman and CEO of eXp World Holdings.

eXp World Holdings has reduced its board size from seven to six members and announced the departure of its Chief Information Officer, effective March 20, 2024.

eXp World Holdings has modified its stock repurchase plan, decreasing the maximum monthly buyback amount to $20 million for March and April 2024, and $15 million for the remainder of the year.

eXp World Holdings experienced a decrease in full-year revenue and gross profit, but saw a positive adjusted EBITDA and increased agent satisfaction despite a challenging real estate market.

eXp World Holdings is named in a class action lawsuit alleging conspiracy to inflate commissions and restrain trade in the real estate market.

eXp World Holdings is named as a defendant in three class action lawsuits alleging antitrust violations related to real estate broker commissions.