THOMSON REUTERS CORP /CAN/

Thomson Reuters announced it will sell a 51% stake in its Global Print business to capital accounts advised by KKR, forming a new joint venture. The company expects to receive approximately $500 million in gross proceeds at closing and will retain a 49% equity interest, along with intellectual property rights and full editorial control over its content. This move aims to sharpen Thomson Reuters' focus on AI solutions for legal, tax, audit, and compliance industries, while providing the Global Print business with focused investment as a standalone entity. The transaction is subject to regulatory approvals and is expected to close in Q4 2026.

Thomson Reuters announced the voting results from its annual meeting of shareholders held on June 10, 2026. All 14 director nominees were elected to the Board, including new members Michael Medline and Liz Hilton Segel. Shareholders also re-appointed PricewaterhouseCoopers LLP as the company's auditor and approved the advisory resolution on executive compensation. A shareholder proposal detailed in the management proxy circular was not approved.

Thomson Reuters reported strong first-quarter 2026 results with total revenues up 10% to $2.087 billion and organic revenues growing 8%. Diluted EPS increased 7% to $1.03, and adjusted EPS rose 10% to $1.23. The company also increased its annualized common share dividend by 10% to $2.62, completed a $605 million return of capital, and repurchased $262 million in shares. The full-year 2026 outlook for key financial metrics remains unchanged, except for an increased net interest expense outlook.

Thomson Reuters announced a cash distribution of US$1.435518 per common share, totaling US$605 million, alongside a share consolidation at a ratio of 1 pre-consolidated share for 0.984560 post-consolidated shares. These transactions, which have received requisite approvals, will be effective at 3:01 a.m. (Toronto time) on May 4, 2026. The company's common shares will begin trading on a post-consolidated basis on the Toronto Stock Exchange and Nasdaq when markets open on May 4, 2026.

Thomson Reuters announced that the Ontario Superior Court of Justice has issued a final order approving its plan of arrangement for a return of capital and share consolidation transactions. This follows shareholder approval received on April 28, 2026. The plan includes a special cash distribution of US$605 million in aggregate, or an estimated US$1.36 per common share, alongside a proportional reverse stock split. The transactions are pending final approvals from the TSX and Nasdaq, with an expected effective date of May 4, 2026.