Thomson Reuters to Buy Back Up to $1 Billion in Shares Under New NCIB.

Thomson Reuters plans to buy back up to $1 billion of its shares under a new NCIB approved by the Toronto Stock Exchange. The company may repurchase up to 10 million common shares, or about 2.22% of its outstanding shares, during the period from August 19, 2025, to August 18, 2026. Repurchased shares will be cancelled, and purchases will be at market price or as permitted by the TSX.

Title: Thomson Reuters Initiates $1 Billion Share Repurchase Program

Thomson Reuters, a global content and technology company, has announced a share repurchase program worth up to $1 billion. The company plans to repurchase up to 10 million common shares, representing approximately 2.22% of its issued and outstanding shares, over a one-year period from August 19, 2025, to August 18, 2026. The repurchase program, approved by the Toronto Stock Exchange (TSX), will allow the company to buy back shares in open market transactions on the TSX, Nasdaq, and other exchanges, as well as through alternative methods permitted by regulators.

The repurchased shares will be cancelled, and the company will pay the market price at the time of purchase or such other price as permitted by the TSX. Thomson Reuters may also enter into pre-defined repurchase plans with its broker when it does not possess material nonpublic information. The company noted that decisions about future repurchases will depend on factors including market conditions, share price, and other growth investment opportunities.

This initiative follows the company's recent financial results, where it reported a 7% organic revenue growth driven by advancements in AI-enabled products. The adjusted earnings per share (EPS) for the second quarter of 2025 was $0.87, slightly up from the previous year, meeting analysts’ expectations. Despite these positive earnings results, investors have expressed concerns about future growth due to the competitive landscape.

The share repurchase program provides flexibility in returning capital to shareholders who choose to participate by selling their shares. Thomson Reuters maintains a disciplined capital strategy that balances growth, long-term financial leverage, credit ratings, and returns to shareholders through dividends and share repurchases. The company emphasized that it may elect to suspend or discontinue share repurchases at any time in accordance with applicable laws.

The announcement was made in a press release statement issued by Thomson Reuters, which serves professionals across legal, tax, audit, accounting, compliance, government, and media sectors. Thomson Reuters' products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency.

References
1. [https://www.morningstar.com/news/dow-jones/202508152265/thomson-reuters-to-launch-1-billion-share-repurchase-program](https://www.morningstar.com/news/dow-jones/202508152265/thomson-reuters-to-launch-1-billion-share-repurchase-program)
2. [https://www.investing.com/news/company-news/thomson-reuters-announces-1-billion-share-repurchase-program-93CH-4194982](https://www.investing.com/news/company-news/thomson-reuters-announces-1-billion-share-repurchase-program-93CH-4194982)
3. [https://www.marketscreener.com/news/thomson-reuters-announces-1-0-billion-share-repurchase-program-ce7c51dedd8cfe2d](https://www.marketscreener.com/news/thomson-reuters-announces-1-0-billion-share-repurchase-program-ce7c51dedd8cfe2d)
4. [https://www.prnewswire.com/news-releases/thomson-reuters-announces-1-0-billion-share-repurchase-program-302530950.html](https://www.prnewswire.com/news-releases/thomson-reuters-announces-1-0-billion-share-repurchase-program-302530950.html)