JLL Files 8-K for Regulatory and Financial Disclosures
Ticker: JLL · Form: 8-K · Filed: May 1, 2024 · CIK: 1037976
| Field | Detail |
|---|---|
| Company | Jones Lang Lasalle INC (JLL) |
| Form Type | 8-K |
| Filed Date | May 1, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, financial-disclosure
Related Tickers: JLL
TL;DR
JLL filed an 8-K on May 1st for routine disclosures. No major news.
AI Summary
On May 1, 2024, Jones Lang LaSalle Incorporated (JLL) filed an 8-K to disclose information under Regulation FD and to file financial statements and exhibits. The filing does not contain specific financial figures or material events beyond the routine disclosure of its reporting status.
Why It Matters
This filing indicates Jones Lang LaSalle is meeting its regulatory reporting obligations and making necessary financial disclosures to the SEC.
Risk Assessment
Risk Level: low — The filing is a routine 8-K for regulatory and financial disclosures, not indicating any specific new risks or material events.
Key Players & Entities
- Jones Lang LaSalle Incorporated (company) — Registrant
- May 1, 2024 (date) — Date of Report
- 001-13145 (company) — Commission File Number
- 36-4150422 (company) — I.R.S. Employer Identification No.
- 200 East Randolph Drive, Chicago, IL 60601 (company) — Address of principal executive offices
- (312) 782-5800 (company) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing by Jones Lang LaSalle Incorporated?
The primary purpose is to disclose information under Regulation FD and to file financial statements and exhibits as of May 1, 2024.
What is the Commission File Number for Jones Lang LaSalle Incorporated?
The Commission File Number for Jones Lang LaSalle Incorporated is 001-13145.
When was Jones Lang LaSalle Incorporated incorporated or organized?
Jones Lang LaSalle Incorporated was incorporated or organized in Maryland.
What is the I.R.S. Employer Identification Number for the registrant?
The I.R.S. Employer Identification Number for Jones Lang LaSalle Incorporated is 36-4150422.
What is the address of the principal executive offices of Jones Lang LaSalle Incorporated?
The address of the principal executive offices is 200 East Randolph Drive, Chicago, IL 60601.
Filing Stats: 828 words · 3 min read · ~3 pages · Grade level 12.2 · Accepted 2024-05-01 14:36:36
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 JLL The New York Stock Exchange Indic
Filing Documents
- jll-20240501.htm (8-K) — 31KB
- exhibit991.htm (EX-99.1) — 97KB
- exhibit991001.jpg (GRAPHIC) — 99KB
- exhibit991002.jpg (GRAPHIC) — 187KB
- exhibit991003.jpg (GRAPHIC) — 187KB
- exhibit991004.jpg (GRAPHIC) — 149KB
- exhibit991005.jpg (GRAPHIC) — 85KB
- exhibit991006.jpg (GRAPHIC) — 235KB
- exhibit991007.jpg (GRAPHIC) — 214KB
- exhibit991008.jpg (GRAPHIC) — 230KB
- exhibit991009.jpg (GRAPHIC) — 92KB
- exhibit991010.jpg (GRAPHIC) — 170KB
- jll-20240501_g1.jpg (GRAPHIC) — 41KB
- 0001037976-24-000013.txt ( ) — 2690KB
- jll-20240501.xsd (EX-101.SCH) — 2KB
- jll-20240501_def.xml (EX-101.DEF) — 15KB
- jll-20240501_lab.xml (EX-101.LAB) — 26KB
- jll-20240501_pre.xml (EX-101.PRE) — 15KB
- jll-20240501_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On February 27, 2024, Jones Lang LaSalle Incorporated ("we", the "Company" or "JLL"), announced certain financial reporting changes, effective January 1, 2024. On May 1, 2024, we provided certain recast financial information on our Investor Relations website at ir.jll.com. As previously disclosed, we revised the definitions of Adjusted EBITDA and Adjusted net income attributable to common shareholders to exclude equity earnings/losses associated with JLL Technologies and LaSalle investments. Retrospectively through the first quarter of 2020, quarterly results have been recast to conform to the revised presentation and are available on our Investor Relations website at ir.jll.com. Exhibit 99.1 to this Form 8-K contains recast historical financial information that we posted to our Investor Relations website. In addition, to conform with the agreed-to standard definition developed by industry groups National Council of Real Estate Investment (NCREIF), European Association for Investors in Non-Listed Real Estate Vehicles (INREV) and Asian Association for Investors in Non-Listed Real Estate Vehicles, we revised the calculation of assets under management ("AUM") to include uncalled committed capital and cash held. Retrospectively through the first quarter of 2023, quarterly amounts have been recast to conform to the revised presentation and are available on our Investor Relations website at ir.jll.com. Exhibit 99.1 includes the recast historical financial information. Finally, as previously disclosed, we will no longer report the non-GAAP measures "Fee revenue" and "Fee-based operating expenses" following the conclusion of a comment letter from the Securities and Exchange Commission Staff in February 2024. Given the absence of "Fee revenue" in our reported financials and in accordance with U.S. GAAP, we will no longer report Adjusted EBITDA margin. It is important to note this reporting change has no impact on how we manage our busi
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits EXHIBIT INDEX Exhibit No. Description 99.1 Reporting Changes Effective January 1, 2024, and Recast Financials 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 1, 2024 Jones Lang LaSalle Incorporated By: /s/ Karen Brennan Name: Karen Brennan Title: Chief Financial Officer