Thomson Reuters (NASDAQ:TRI) Prepares for Reverse Stock Split and Special Cash Distribution

• Thomson Reuters (NASDAQ:TRI) is implementing a 125-for-123 reverse stock split on May 4, 2026, aiming to increase its share price.
• The company plans to return US$605 million to shareholders through a special cash distribution.
• Shareholders and the Ontario Superior Court of Justice have approved these actions, with shares trading post-consolidation from May 4, 2026.

Thomson Reuters (NASDAQ:TRI) is a major provider of essential business information services, offering expert information, software, and tools for legal, tax, accounting, and media professionals. The company's shares are currently trading at $96.85, and its market capitalization stands at approximately $42.9 billion.

On May 4, 2026, Thomson Reuters (TRI) is set to undergo a 125-for-123 reverse stock split. This strategic financial move, also known as a share consolidation, reduces the number of a company's outstanding shares. Such an action typically increases the price per share without altering the company's total market value or overall shareholder equity.

This reverse stock split is part of a larger plan by Thomson Reuters to return capital to shareholders. As highlighted by PR Newswire, the company is distributing a total of US$605 million in cash. This special distribution was initially estimated at approximately US$1.36 per common share before the final details were set, underscoring the company's commitment to shareholder value.

The comprehensive plan, including the reverse stock split and cash distribution, received overwhelming shareholder approval at a special meeting on April 28, 2026. Following this, Thomson Reuters received final court approval from the Ontario Superior Court of Justice for these significant transactions, as reported by PR Newswire. This crucial legal clearance paved the way for the company to proceed with its strategic financial initiatives.

The final cash distribution for participating shareholders has been set at US$1.44 per common share. On May 4, 2026, Thomson Reuters (TRI) shares will begin trading on a post-consolidated basis on both the Toronto Stock Exchange and the Nasdaq. The company's trading symbol will consistently remain "TRI" on both major exchanges, ensuring continuity for investors.