Thomson Reuters Announces Significant Cash Distribution and Share Consolidation Plan for Shareholders

Thomson Reuters Unveils Important Changes for Shareholders

On May 1, 2026, Thomson Reuters (TSX/Nasdaq: TRI) declared significant financial developments impacting its investors. The company is set to initiate a cash distribution per share alongside a share consolidation ratio for its registered shareholders. This announcement comes after securing the necessary approvals and is poised to take effect at 3:01 a.m. Toronto time on May 4, 2026.

As part of the plan, each eligible shareholder will receive a cash distribution amounting to US$1.435518 per common share, culminating in an impressive total of US$605 million. Notably, shares will commence trading on a post-consolidated basis, preserving the current trading symbol “TRI” on both the Toronto Stock Exchange (TSX) and Nasdaq markets. Additionally, shareholders should be aware of the new CUSIP number (884903881) and ISIN number (CA8849038812) attributed to the post-consolidated shares.

The return of capital is designed to work in tandem with a consolidation of outstanding shares, commonly referred to as a reverse stock split. Specifically, this will occur at a ratio of 1 pre-consolidated share to 0.984560 post-consolidated shares. It’s important to highlight that the share consolidation ratio reflects the weighted average trading price observed over the preceding five trading days.

For shareholders who opt out of this return of capital, they will forfeit the cash distribution. However, opting-out shareholders will not be left without recourse; they will maintain their current holdings while experiencing a proportional increase in equity and voting interests resulting from the consolidation of participating shares.

Following the execution of these transactions, Computershare Investor Services Inc. will facilitate the distribution of cash amounts to registered shareholders actively participating in this initiative, adhering to the established terms and conditions. On the other hand, beneficial or non-registered shareholders opting for cash distributions will notice these adjustments reflected in their individual accounts.

It’s noteworthy to mention that no fractional shares will be issued as part of these transactions. Instead, any fractional share entitlements will be compensated in cash, contingent upon certain specifications outlined within the company’s management proxy circular dated March 13, 2026.

The implications of this cash distribution and share consolidation, particularly concerning tax consequences, are multifaceted. Shareholders are strongly advised to peruse the Circular and supplementary materials scrupulously while consulting their financial, tax, and legal advisors to navigate these complexities adequately.

Comprehensive information about the return of capital and share consolidation can be accessed through the company’s website atthomsonreuters.com/2026specialmeeting. The requisite documentation has been submitted to Canadian regulatory authorities via SEDAR+ and is similarly available through the U.S. Securities and Exchange Commission via EDGAR.

About Thomson Reuters

With a focus on delivering reliable content and technology, Thomson Reuters (TSX/Nasdaq: TRI) plays a pivotal role in enabling informed decision-making for professionals in various sectors, including legal, taxation, auditing, accounting, compliance, governmental, and media. The organization merges specialized software with invaluable insights to empower professionals as they pursue transparency and justice. Reuters, a division of Thomson Reuters, is renowned worldwide as a leading provider of trustworthy journalism and news.

Disclaimer

Forward-looking statements present in this announcement are in accordance with Canadian and U.S. securities laws, factoring in potential outcomes related to the execution of the return of capital and share consolidation transactions along with anticipated tax ramifications for both participants and those opting out. Variables influencing these statements are outlined in documents periodically filed with regulatory bodies by Thomson Reuters. Consequently, the completion of these transactions and other events referenced are not assured. Thomson Reuters will be under no obligation to update such forward-looking statements, except as legally mandated.