TORONTO, Sept. 4, 2025 /PRNewswire/ -- Thomson Reuters (TSX/Nasdaq: TRI), a global content and technology company, today announced that, in connection with its previously announced $1.0 billion share repurchase program and normal course issuer bid (NCIB) to purchase up to 10 million common shares between August 19, 2025 and August 18, 2026, it has entered into an automatic share purchase plan (ASPP) with its broker. The ASPP is intended to allow for the purchase of shares under the NCIB during pre-determine ...

Core Viewpoint - Thomson Reuters plans to repurchase up to $1.0 billion of its shares under a new normal course issuer bid (NCIB) approved by the Toronto Stock Exchange [1][2]. Group 1: Share Repurchase Details - The company may repurchase up to 10 million common shares, representing approximately 2.22% of its issued and outstanding common shares as of August 12, 2025, between August 19, 2025, and August 18, 2026 [2]. - Repurchases will occur in open market transactions on the TSX, Nasdaq, and other eligible exchanges, with the price being the market price at the time of purchase [3]. - Daily repurchases on the TSX are limited to a maximum of 91,026 shares, which is 25% of the average daily trading volume of 364,105 for the six months ended July 31, 2025 [3]. Group 2: Capital Strategy and Flexibility - Thomson Reuters maintains a disciplined capital strategy that balances growth, financial leverage, credit ratings, and returns to shareholders through dividends and share repurchases [5]. - The NCIB provides a flexible way for the company to return value to shareholders who choose to sell their shares [5]. - Future repurchase decisions will depend on market conditions, share price, and other investment opportunities, with the option to suspend or discontinue repurchases at any time [6].

Core Points - Thomson Reuters filed its annual report for the year ended December 31, 2024, which includes audited financial statements and management's discussion and analysis [1] - The annual report is accessible in the Investor Relations section of the company's website and has been filed with Canadian and U.S. regulatory agencies [2] - Hard copies of the annual report can be requested free of charge through Thomson Reuters Investor Relations [3] Company Overview - Thomson Reuters provides trusted content and technology to help professionals in various sectors, including legal, tax, accounting, compliance, government, and media, make informed decisions [4] - The company combines specialized software and insights to empower professionals with necessary data and solutions, supporting institutions in their pursuit of justice, truth, and transparency [4] - Reuters, as part of Thomson Reuters, is recognized as a leading provider of trusted journalism and news [4]