Thomson Reuters stock gets new buyback authorization

Thomson Reuters announced on November 11, 2026, that it plans to repurchase up to USD 500 million of its common shares under a new normal course issuer bid approved by the Toronto Stock Exchange. The company published the announcement on its share repurchase announcement.

Buyback runs through November 2027

The authorization covers up to 7 million common shares, equal to about 1.6% of the 433,458,865 shares outstanding as of October 31, 2026. Purchases may take place from November 13, 2026, through November 12, 2027, on the TSX, Nasdaq Global Select Market and other eligible venues.

Thomson Reuters said shares bought in the open market will be acquired at the prevailing market price or another price permitted by the TSX. Any shares repurchased will be cancelled, reducing the company share count.

Woodbridge plans proportional participation

Woodbridge, Thomson Reuters' controlling shareholder, holds approximately 70% of the outstanding common shares and intends to participate proportionally. The arrangement is designed to preserve its percentage interest while allowing the company to purchase shares from other holders.

For shareholders, the authorization expands the company's flexibility to return capital through repurchases. Actual purchases remain subject to market conditions, share price and Thomson Reuters' capital-allocation decisions.

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The buyback adds a capital-return option as Thomson Reuters balances shareholder distributions with investment in its information and technology businesses.