Shareholders Approve $605M Special Cash Distribution and Reverse Stock Split

summarizeSummary

Thomson Reuters shareholders have approved a plan for a US$605 million special cash distribution and a proportional reverse stock split, moving the capital return program closer to implementation.

check_boxKey Events

• Shareholder Approval Secured

  Shareholders approved a plan of arrangement for a US$605 million special cash distribution and a proportional reverse stock split.

• Significant Capital Return

  The approved plan includes a special cash distribution of approximately US$1.36 per common share, totaling US$605 million.

• Reverse Stock Split Included

  A consolidation of outstanding common shares (reverse stock split) will occur on a basis proportional to the special cash distribution.

• Next Steps Towards Implementation

  The plan is now subject to final approval by the Ontario Superior Court of Justice (hearing today) and stock exchanges, with an expected effective date of May 4, 2026.

auto_awesomeAnalysis

Shareholders of Thomson Reuters have approved a plan of arrangement for a significant return of capital, including a US$605 million special cash distribution and a proportional reverse stock split. This approval is a critical step towards the execution of the previously announced shareholder return program. The transactions are now subject to final court and exchange approvals, with the court hearing scheduled for today and expected effectiveness by May 4, 2026. This move signals the company's commitment to returning value to shareholders and optimizing its capital structure.