TORONTO, Aug. 15, 2025 /PRNewswire/ — Thomson Reuters (TSX/Nasdaq: TRI), a global content and technology company, today announced that it plans to repurchase up to $1.0 billion of its shares. Purchases of shares will occur under a new normal course issuer bid (NCIB) that has been approved by the Toronto Stock Exchange (TSX).
Under the new NCIB, up to 10 million common shares (which represents approximately 2.22% of the company’s issued and outstanding common shares as of August 12, 2025) may be repurchased between August 19, 2025 and August 18, 2026.
Under the NCIB, shares may be repurchased in open market transactions on the TSX, the Nasdaq Global Select Market (Nasdaq) and/or other exchanges and alternative trading systems, if eligible, or by such other means as may be permitted by the TSX and/or Nasdaq or under…