Thomson Reuters Shareholders Approve CAD 605M Return of Capital and Share Consolidation
Thomson Reuters shareholders approved a CAD 605 million return of capital and share consolidation in a special meeting. The move is tied to proceeds from prior asset sales, including the 2018 sale of a 55% stake in Refinitiv. The company has returned a significant portion of the $24.9 billion in proceeds from these sales to shareholders through repurchases.
Tickers: $TRI
Topics: corporate finance return of capital share consolidation shareholder approval