Thomson Reuters plans to repurchase up to $1.0 billion of its shares under a new normal course issuer bid. Up to 10 million common shares, representing 2.22% of its issued and outstanding common shares, may be repurchased between August 19, 2025 and August 18, 2026. Shares may be repurchased through open market transactions, private agreements, or share purchase program agreements, subject to regulatory approvals.
Thomson Reuters (TSX/Nasdaq: TRI), a global content and technology company, has announced a significant share repurchase program. The company plans to repurchase up to $1.0 billion of its shares under a new normal course issuer bid (NCIB) [1].
The repurchase program, approved by the Toronto Stock Exchange (TSX), will see up to 10 million common shares repurchased. These shares represent approximately 2.22% of the company’s issued and outstanding common shares as of August 12, 2025. The repurchase period is set to run from August 19, 2025, to August 18, 2026 [1].
The NCIB allows Thomson Reuters to repurchase shares through various methods, including open market transactions on the TSX, Nasdaq Global Select Market (Nasdaq), and other eligible exchanges or alternative trading systems. Private agreement purchases and share purchase program agreements are also possible, subject to regulatory approvals [1].
The company has historically maintained a disciplined capital strategy that balances growth, financial leverage, credit ratings, and returns to shareholders through dividends and share repurchases. The NCIB provides a flexible way to provide returns to shareholders who choose to participate by selling their shares [1].
Decisions regarding future repurchases will depend on market conditions, share price, and other opportunities for capital investment. Thomson Reuters may suspend or discontinue share repurchases at any time, in accordance with applicable laws [1].
Thomson Reuters serves professionals across various sectors, including legal, tax, audit, accounting, compliance, government, and media. Its products combine specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions [1].
References:
[1] https://www.thomsonreuters.com/en/press-releases/2025/august/thomson-reuters-announces-1-billion-share-repurchase-program
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