StocksMedium•11 November 2026•
1 min read
Thomson Reuters Announces $500 Million Share Repurchase Program
Key Facts
1Thomson Reuters announced plans to repurchase up to $500 million of its shares.
2The share purchases will occur under a new normal course issuer bid (NCIB) approved by the Toronto Stock Exchange.
Thomson Reuters announced plans to repurchase up to $500 million of its shares. The company said in a statement via PR Newswire that the purchases will occur under a new normal course issuer bid (NCIB) approved by the Toronto Stock Exchange, allowing for the buyback of up to 7 million common shares between November 13, 2026, and November 12, 2027.
TRI closed at $108.41 on November 10, 2026, prior to the announcement of the new program which represents approximately 1.6% of issued and outstanding shares. This move follows the company's purchase of over 6.1 million common shares during the preceding 12 months at a total cost of $600 million, representing an average price of $97.48 per share.