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Jun 22, 2023 · The return of capital transaction consists of a distribution of US$4.67 in cash per common share (approximately US$2.2 billion in the aggregate) and a consolidation of the company's outstanding common shares (or reverse stock split) at a ratio of 1 pre-consolidated share for 0.963957 post-consolidated shares.
Jun 22, 2023 · Thomson Reuters (TSX/NYSE: TRI) today announced the share consolidation ratio for its return of capital transaction which will be effective at 3:01 a.m. (Toronto time) tomorrow.
Jun 22, 2023 · The company's common shares will begin trading on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) on a post-consolidated basis when markets open tomorrow.
Jun 16, 2023 · TORONTO, June 16, 2023 – Thomson Reuters (TSX/NYSE: TRI) announced that the Ontario Superior Court of Justice (Commercial List) issued a final order today approving a plan of arrangement to implement the company’s proposed return of capital transaction.
Apr 4, 2023 · In connection therewith, approximately US$2.2 billion will be returned to shareholders through a return of capital transaction consisting of a cash distribution of US$4.67 per common share and a share consolidation, or “reverse stock split”, which will reduce the number of outstanding common shares on a basis that is proportional to the ...
Thomson Reuters Corp. TRI, +1.33% TRI, +1.23% said Tuesday it’s planning to return $2.2 billion to shareholders in the form of a cash distribution of $4.67 a share and a reverse stock split...
a consolidation of our outstanding common shares (or “reverse stock split”) on a basis that is proportional to the cash distribution. The proposed return of capital transaction requires shareholder approval and an annual and special meeting of shareholders will be held on June 14, 2023.
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