Thomson Reuters launches $500 million share buyback plan

Thomson Reuters launches $500 million share buyback plan
Reuters launches $500M buyback

Thomson Reuters is moving to repurchase shares after its stock comes under pressure from investor concerns about rising artificial intelligence spending. The plan allows the company to buy back up to 7 million common shares, or about 1.6% of its outstanding total, over the next year.

Highlights

  • Thomson Reuters announces a $500 million share buyback program running from November 13, 2026, to November 12, 2027, covering up to 7 million shares.
  • Major shareholder Woodbridge, which owns about 70% of Thomson Reuters, will participate proportionally in the buyback to maintain its ownership stake.
  • Despite reporting higher quarterly revenue, Thomson Reuters’s shares are down approximately 15% year-to-date due to investor concerns over increased AI-related spending impacting profits.

Buyback terms and shareholder participation

As reported by Reuters, Thomson Reuters says the buyback will run from November 13, 2026, to November 12, 2027, and covers up to $500 million of its shares.

Under the program, the content and technology company may repurchase as many as 7 million common shares. Thomson Reuters also says controlling investor Woodbridge, which holds about 70% of the company, plans to participate proportionally so it can maintain its stake.

AI spending concerns weigh on shares

Earlier this month, Thomson Reuters reports higher quarterly revenue, but its shares fall as some investors raise concerns about the effect of heavier AI spending on profit.

Those concerns reflect a broader market pattern this earnings season, with Wall Street penalizing software companies as well as Alphabet and Amazon over fears that rising AI costs will cut into corporate profits. Thomson Reuters's Canadian shares are down about 15% so far this year.

We have previously noted the S&P 500 slides amid tech earnings-driven volatility and broader selling pressure.

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