Thomson Reuters Announces 500 Million Dollar Share Buyback

Thomson Reuters Corp. announced a share buyback plan of up to 500 million US dollars to be executed between November 13, 2026, and November 12, 2027. The company may purchase up to 7 million common shares, which represents approximately 1.6 per cent of its issued and outstanding shares.

Controlling investor Woodbridge Co. Ltd., which holds about 70 per cent of the company, intends to participate proportionally to maintain its current stake. The buyback follows a period of volatility for the company's Canadian shares, which have fallen about 15 per cent this year.

This decline is attributed to investor concerns that rising spending on artificial intelligence will negatively impact corporate profits. This trend has affected various software firms and technology giants across the sector.