Thomson Reuters: $1.0B share repurchase program

Thomson Reuters: $1.0B share repurchase program

Thomson Reuters Corporation (NYSE: TRI) has recently announced a $1.0 billion share repurchase program. The program, which was disclosed in the company's latest filing with the Securities and Exchange Commission (SEC), aims to return capital to shareholders by reducing the number of outstanding shares in the market.

The repurchase program, set to begin on July 1, 2025, and run through December 31, 2025, will see Thomson Reuters buy back up to 10 million shares of its common stock. The company expects to complete the share repurchase at an average price of $197.28 per share, based on the stock's 50-day simple moving average at the time of the announcement [NUMBER:1].

This move comes after a strong earnings report, where Thomson Reuters reported earnings per share (EPS) of $0.87 for the quarter ending June 30, 2025, beating the consensus estimate by $0.04. The company also announced a quarterly dividend of $0.595 per share, payable on September 10, 2025 [NUMBER:1].

The share repurchase program is part of the company's broader strategy to enhance shareholder value. By reducing the number of outstanding shares, the program aims to increase earnings per share and boost the stock's performance. Additionally, the program aligns with the company's long-term goal of maintaining a strong balance sheet and providing a return on capital to shareholders.

Thomson Reuters' share repurchase program is a positive sign for investors, indicating confidence in the company's financial health and future prospects. The program is expected to be completed within the specified timeframe, with the company reserving the right to adjust the repurchase price based on market conditions.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-lpl-financial-llc-has-693-million-stock-position-in-thomson-reuters-co-nysetri-2025-08-11/