Thomson Reuters Receives Court Approval for Return of Capital and Share Consolidation Transactions

Thomson Reuters announced that the Ontario Superior Court of Justice has issued a final order approving its plan of arrangement for return of capital and share consolidation transactions. Shareholders had previously approved these transactions. The plan includes a special cash distribution of US$605 million and a proportional consolidation of common shares. The transactions are subject to final approval from the Toronto Stock Exchange (TSX) and Nasdaq. If approvals are granted, the company will announce the final cash distribution per share and consolidation ratio after market close on May 1, 2026. The plan becomes effective on May 4, 2026, with post-consolidation shares expected to trade under a new CUSIP. Registered shareholders will receive cash distributions, while beneficial shareholders will see adjustments in their accounts. Shareholders who opted out of the cash distribution will participate via a share exchange and consolidation, maintaining their share count but increasing their proportionate equity and voting interests.