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Thomson Reuters Announces $1 Billion Share Repurchase Program

In a significant move for investors, Thomson Reuters (TSX/Nasdaq: TRI), a leading provider of news and technological solutions, has declared its intentions to repurchase up to $1 billion of its own shares. This strategic decision aims to enhance shareholder value and reflects the company's ongoing commitment to maintaining a balanced capital approach while capitalizing on growth opportunities.

Details of the Share Repurchase Program

The share repurchase initiative will operate under a new Normal Course Issuer Bid (NCIB), which has received approval from the Toronto Stock Exchange (TSX). Through this program, the company plans to buy back up to 10 million common shares. This number represents approximately 2.22% of the total shares issued and outstanding as of August 12, 2025. The actual repurchases will commence on August 19, 2025, and continue until August 18, 2026.

Under the guidelines of the NCIB, Thomson Reuters is permitted to conduct share repurchases through open market transactions on the TSX, the Nasdaq Global Select Market, and other eligible exchanges or trading systems. Alternatively, they may also engage in private agreements for share purchases, provided the necessary exemptions are secured from Canadian securities regulatory authorities.

The price paid by Thomson Reuters for repurchased shares will align with the prevailing market price on the transaction date. However, any private agreement purchases may be executed at a discount to the current market price if an exemption is applicable. Following TSX regulations, the daily repurchase limit for non-block purchases is set at a maximum of 91,026 shares, which corresponds to 25% of the average daily trading volume on TSX over the preceding six months.

Strategic Insight into the Decision

Thomson Reuters has long been recognized for its disciplined capital strategy, which focuses on balancing long-term growth with shareholder returns through dividends and stock repurchase programs. This new initiative provides a flexible avenue to offer returns to shareholders who opt to participate by selling their shares, affording the company the opportunity to enhance its capital structure while simultaneously addressing market dynamics.

Decisions concerning the timing and quantity of shares repurchased will rely on various factors, including market conditions, share price performance, and alternative investment opportunities. Notably, Thomson Reuters retains the discretion to suspend or terminate the repurchase program at any point, adhering to the requirements of applicable laws.

Impact on Investors and Market Activity

The announcement of this $1 billion share buyback program signals a strong commitment to enriching the value offered to investors, which is particularly significant in an increasingly competitive market. As Thomson Reuters navigates this initiative, it remains crucial for stakeholders to remain informed about continuing developments.

By implementing the share repurchase program, Thomson Reuters is poised to reinforce its financial stability and fulfill its promise of delivering value to its shareholders. As the company moves forward, its investment strategy will likely adapt to evolving market conditions, positioning itself as a forward-thinking industry leader.

For further details on this program and ongoing company developments, Thomson Reuters encourages stakeholders to visit their official website. Stay tuned as this story unfolds, potentially impacting market dynamics and investor strategies moving forward.