Welcome to our dedicated page for Thomson Reuters news (Ticker: TRI), a resource for investors and traders seeking the latest updates and insights on Thomson Reuters stock.
Thomson Reuters reports developments across its content, software and technology businesses for legal, tax, audit, accounting, compliance, government and media professionals. Company news commonly covers results for its Legal Professionals, Corporates and Tax, Audit & Accounting Professionals segments, including recurring revenue trends, transaction revenue, Global Print, adjusted EBITDA, free cash flow and outlook updates.
Updates also cover products and partnerships tied to Westlaw, CoCounsel and Reuters News, along with capital actions such as dividends, share repurchases, returns of capital and share consolidation transactions. TRI news may also include investor conference appearances and shareholder voting or court approvals for corporate arrangements.
Thomson Reuters has released its 2020 Social Impact Report, highlighting its initiatives in diversity and inclusion, environmental sustainability, and community support. For the first time, the company disclosed employee racial and ethnic diversity data and set new goals for leadership diversity by 2022, targeting 45% women and 20% racial and ethnic representation. The company received recognition in Refinitiv's D&I Index and scored 100% in the Human Rights Campaign's Corporate Equality Index. Key initiatives included using 100% renewable energy and significant contributions to social justice efforts.
Thomson Reuters (NYSE, TSX: TRI) will release its first-quarter 2021 earnings on May 4, 2021. A conference call, led by CEO Steve Hasker and CFO Mike Eastwood, is scheduled for 8:30 a.m. EDT on the same day, where forward-looking information may be discussed. Access to the webcast can be found on the company's Investor Relations page. Thomson Reuters provides essential business information and tools across various sectors.
Thomson Reuters (TSX/NYSE: TRI) is hosting its 2021 Investor Day virtually on March 16, 2021, at 8:30 am EDT. Senior management will present the company's Change Program, aimed at transitioning Thomson Reuters from a holding company to an operating company and from a content company to a content-driven technology entity. Forward-looking information and presentation materials are available on their website, with a replay of the webcast to be posted later today.
Thomson Reuters (TSX/NYSE: TRI) will present at the Bank of America Securities 2021 Information Services Virtual Conference on March 18, 2021, at 9:45 a.m. EDT. The presentation will feature CEO Steve Hasker and CFO Mike Eastwood, discussing potential forward-looking information. A live audio webcast will be accessible in the Investor Relations section of Thomson Reuters' website, along with an archive post-event. Thomson Reuters is a leading provider of news and information-based tools for professionals, focusing on legal, regulatory, and tax updates.
Thomson Reuters (TSX/NYSE: TRI) has filed its annual report for the year ending December 31, 2020, which includes audited financial statements and management's discussion and analysis. The report is accessible in the Investor Relations section of www.tr.com, with filings available at the Canadian securities regulatory agencies and the U.S. SEC on Form 40-F. Hard copies can be requested via email or by mail. Thomson Reuters is a leading provider of news and information-based tools aimed at professionals, focusing on legal, regulatory, and tax changes.
Thomson Reuters (TSX/NYSE: TRI) is set to host its 2021 Investor Day virtually on March 16, 2021, at 8:30 am EDT. The senior management team will present the company’s Change Program, focusing on its transformation from a holding company to an operating company, and from a content-driven to a technology-driven entity. Registration for the webcast is available on the Investor Relations section of their website, with an archive provided post-event.
Thomson Reuters (TRI) has announced a two-year Change Program aimed at transitioning from a holding company to an operating company and from a content provider to a content-driven technology company. For the fourth quarter, IFRS revenues rose 2%, and organic revenues increased by 5%. Notably, IFRS operating profit surged 343%, while adjusted EBITDA was up 33%, reaching a margin of 32.5%. The company projects organic revenue growth of 5-6% in 2023, with adjusted EBITDA margins of 38-40%, and free cash flow between $1.8 billion and $2.0 billion. A $0.10 increase in its annualized dividend was also announced.
Thomson Reuters (TSX/NYSE: TRI) has finalized the sale of Refinitiv to London Stock Exchange Group (LSEG) in an all-share transaction valued at approximately $9.8 billion. Following this sale, Thomson Reuters holds 82.5 million LSEG shares. A lock-up agreement restricts sales of these shares until January 29, 2025, with options to sell one-third of the shares in subsequent years. The transaction is expected to be tax-deferred, with a $700 million tax obligation due upon closing. Additionally, Reuters News maintains a 30-year agreement with Refinitiv, running to 2048.
Thomson Reuters (TRI) will release its fourth-quarter and full-year 2020 earnings on February 23, 2021.
The company's CEO Steve Hasker and CFO Mike Eastwood will host a conference call and webcast on the same day at 8:30 a.m. EST. This event will potentially include forward-looking information.
Investors can register for the webcast via the Investor Relations section of the Thomson Reuters website, with an archive available post-presentation.
Thomson Reuters Corporation (TSX/NYSE: TRI) has received approval from the Toronto Stock Exchange for the renewal of its normal course issuer bid (NCIB) to repurchase up to 5 million common shares from January 4, 2021, to January 3, 2022. This repurchase aims to maintain roughly 500 million shares outstanding, countering dilution from dividend reinvestment and equity plans. The company previously repurchased about 6.9 million shares at an average price of US$72.61, costing approximately US$500 million. Future purchases will rely on market conditions and share price.