Thomson Reuters plans share consolidation tied to US$605 million return of capital
PUBT · 2d ago
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- Thomson Reuters outlined a share consolidation, described as a reverse stock split, tied to a proposed return of capital.
- Transaction structure includes a special cash distribution of USD 605 million, estimated at about USD 1.36 per share.
- Share consolidation ratio will be set using Nasdaq 5-day volume-weighted average price immediately preceding effective date.
- Consolidation is designed to be proportional to cash distribution, leaving participating holders with fewer shares.
- Non-participating holders would still undergo consolidation, ending with same share count as before transactions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thomson Reuters Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604141630PR_NEWS_USPR_____NY32692) on April 14, 2026, and is solely responsible for the information contained therein.
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