Thomson Reuters disclosed a new normal‑course issuer bid that will allow the company to repurchase up to $600 million of its common shares and to return $605 million to shareholders through a return‑of‑capital transaction. The amended bid becomes effective on February 27 2026 and extends the repurchase period to August 18 2026, permitting the purchase of up to 16 million shares—about 3.55 % of the company’s outstanding shares as of August 12 2025.
Prior to this announcement, Thomson Reuters had already repurchased 6,022,437 shares for roughly $1.0 billion at an average price of $166.05 per share under the existing NCIB. The new return‑of‑capital transaction will distribute approximately $1.36 in cash per participating share and will be followed by a share consolidation (reverse split).
The capital return is funded by proceeds from the May 2024 sale of London Stock Exchange Group shares, reflecting a strategic reallocation of assets. In February 2026 the company also raised its dividend by 10 % to $2.62 per share, marking its 33rd consecutive dividend increase and underscoring its commitment to shareholder returns.
Shareholders will vote on the return of capital and consolidation at a special meeting scheduled for April 28 2026. Once approved, the transactions are expected to be completed in early May 2026 after court approval. The market reaction has been mixed: some investors view the AI‑driven product enhancements as a catalyst for growth, while others express concern about competitive pressure from emerging AI firms such as Anthropic.
Management emphasized the benefits of its AI investments, noting that the company is seeing tangible gains from continued AI development and that it will continue to scale its agentic capabilities to deliver greater speed, clarity and confidence for customers. The company also highlighted the importance of maintaining professional‑grade AI tools built on high‑quality content and deep subject‑matter expertise.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.