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TORONTO - Thomson Reuters (TSX:TRI)(NASDAQ:TRI), the $80 billion global content and technology company with a track record of 37 consecutive years of dividend payments, announced Thursday it has entered into an automatic share purchase plan (ASPP) with its broker to facilitate its previously announced $1.0 billion share repurchase program.
The ASPP will allow the global content and technology company to purchase shares during pre-determined blackout periods when it would normally be restricted from buying shares. The plan is part of Thomson Reuters’ normal course issuer bid (NCIB) to purchase up to 10 million common shares between August 19, 2025, and August 18, 2026. According to InvestingPro analysis, the company maintains good financial health with moderate debt levels, though current valuations suggest the stock is trading above its Fair Value.
Under the arrangement, the company’s broker will make purchases based on parameters set by Thomson Reuters when it is not in possession of material non-public information. The ASPP complies with TSX requirements and applicable Canadian securities laws and will terminate when the NCIB expires, unless ended earlier. With revenue of $7.3 billion in the last twelve months and a robust 38.5% gross profit margin, Thomson Reuters continues to demonstrate strong financial performance.
Outside of blackout periods, shares may be purchased under the NCIB at management’s discretion, in compliance with relevant regulations. The company noted that decisions about future repurchases will depend on factors including market conditions, share price, and other growth investment opportunities.
Thomson Reuters may suspend or discontinue the share repurchases at any time, in accordance with applicable laws, according to the press release statement.
In other recent news, Thomson Reuters reported its Q2 2025 financial results, highlighting a 7% organic revenue growth, which met expectations. The company also reported an adjusted earnings per share (EPS) of $0.87, showing a slight increase from the previous year. Additionally, Thomson Reuters announced a $1 billion share repurchase program under a new normal course issuer bid approved by the Toronto Stock Exchange. This program will allow the company to buy back up to 10 million common shares, representing approximately 2.22% of its issued and outstanding shares as of August 2025. The repurchase period is set from August 2025 to August 2026. These developments come as the company continues to focus on innovation in AI-enabled products, driving its recent growth.
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