Thomson Reuters Launches Automatic Share Purchase Plan to Optimize Stock Buyback Program
In a strategic move to optimize its stock buyback initiative, Thomson Reuters (TSX/Nasdaq: TRI), a leading global content and technology firm, has initiated an Automatic Share Purchase Plan (ASPP) effective September 4, 2025. This comes in connection with its previously announced share repurchase program set at a substantial $1.0 billion, which aims to reacquire up to 10 million common shares within a specified timeframe from August 19, 2025, to August 18, 2026.
The ASPP is specifically designed to allow purchases during periods when Thomson Reuters would typically be barred from buying shares due to standard blackout intervals or regulatory restrictions. By implementing this plan, the company hopes to ensure consistent and strategic share acquisitions, even when market conditions may not be favorable for direct management decisions.
Under the ASPP, transactions will be executed by the company's designated broker, who will operate within parameters established by Thomson Reuters when it is not privy to significant non-public information regarding its stock. This approach will facilitate continuous engagement in the repurchase program while adhering to all regulatory guidelines set forth by the Toronto Stock Exchange (TSX) and Canadian securities laws. The ASPP is set to remain active until the conclusion of the NCIB, unless previously terminated under its stipulated terms.
The repurchases made through the ASPP will contribute to the overall tally of shares reacquired under the current buyback program. Beyond these scheduled acquisitions, management retains the discretion to buy shares outside of blackout periods, contingent on existing market situations and compliance with TSX regulations.
Decisions regarding future repurchases will be influenced by several variables, including existing market conditions, share valuations, and potential investment opportunities for growth. Thomson Reuters reserves the right to modify or suspend its share repurchase strategy anytime it deems appropriate, in compliance with legal frameworks.
Thomson Reuters has established its role as a pivotal player in the information and technology sector, empowering professionals across various fields such as legal, tax, audit, compliance, and media. By leveraging specialized software and insights, the company delivers essential data and intelligence that enable informed decision-making for institutions pursuing justice, transparency, and truth. The trusted journalism division, Reuters, stands out as a global leader in news provision. Further details about Thomson Reuters’ initiatives and operations can be found at their official website, tr.com.
With the ongoing evolution of market dynamics and investor expectations, the introduction of the ASPP reinforces Thomson Reuters' commitment to enhancing shareholder value while maintaining adherence to regulatory compliance. As the company navigates the complexities of the financial landscape, investors can look forward to a robust and transparent approach in its capital allocation strategies. The future remains promising for Thomson Reuters as it looks to capitalize on growth opportunities while managing shareholder interests effectively.