Thomson Reuters Plans 125-for-123 Reverse Split, $605M Special Distribution
Thomson Reuters will implement a 125-for-123 reverse stock split on May 4, 2026 to boost its per-share price and maintain a market capitalization of about $42.9 billion. It will also distribute US$605 million in a one-time cash payout of US$1.44 per share following shareholder and court approvals.
1. Reverse Stock Split Details
On May 4, 2026, Thomson Reuters will consolidate every 125 existing common shares into 123 new shares, reducing the total share count without changing the company’s overall market value. This share consolidation is designed to increase the trading price per share and align the stock price with market expectations.
2. Special Cash Distribution
Concurrently with the split, the company will return US$605 million to shareholders through a one-time cash distribution set at US$1.44 per common share. This special distribution underscores Thomson Reuters’ commitment to returning excess capital and enhancing shareholder returns.
3. Approvals and Trading Schedule
These strategic actions received overwhelming shareholder approval on April 28, 2026, followed by final clearance from the Ontario Superior Court of Justice. Post-consolidation shares will start trading on the Toronto Stock Exchange and Nasdaq under the symbol TRI on May 4, 2026, ensuring continuity for investors.