Thomson Reuters Initiates $500 Million Share Repurchase Program

Thomson Reuters (TSX/Nasdaq: TRI) has announced a new normal course issuer bid (NCIB) to repurchase up to $500 million of its common shares. The company is authorized to buy back up to 7 million shares, representing approximately 1.6% of its outstanding shares, between November 13, 2026, and November 12, 2027. Woodbridge, a significant shareholder, plans to participate proportionally to maintain its ownership percentage.