Thomson Reuters Corp Stock Price, News & Analysis

Thomson Reuters (TSX/Nasdaq: TRI) announced the results of early tenders and extension for its debt exchange offers and consent solicitations. The company is offering to exchange existing notes (Old Notes) for new notes to be issued by TR Finance , its indirect U.S. subsidiary.

The exchange offers aim to optimize Thomson Reuters' capital structure and align revenue generation to indebtedness. The company is extending the Total Consideration ($1,000 principal amount of New Notes) and Consent Solicitation Fee ($2.50 in cash) to all valid tenders through the Expiration Time of March 17, 2025.

The settlement date is expected to be March 20, 2025. The exchange includes consent solicitations to amend the indenture governing the Old Notes, modifying certain reporting requirements and covenants. Based on early tender results, the Proposed Amendments are expected to be approved.

Thomson Reuters (TSX/Nasdaq: TRI) announced that CFO Mike Eastwood will present at the Scotiabank TMT Conference on March 4, 2025, at 1:30 p.m. EST. The presentation will be available for replay in the Investor Relations section of tr.com.

Thomson Reuters serves professionals across multiple sectors including legal, tax, accounting, compliance, government, and media. The company's core offering combines specialized software and insights to provide professionals with data, intelligence, and solutions for informed decision-making. Through its Reuters division, the company delivers trusted journalism and news globally.

Thomson Reuters (TRI) has announced plans to voluntarily transfer its U.S. stock exchange listing from the NYSE to the Nasdaq Global Select Market. The transition is scheduled to take place with trading ceasing on NYSE at market close around February 24, 2025, and commencing on Nasdaq around February 25, 2025.

The company's listing on the Toronto Stock Exchange (TSX) will remain unchanged, and the ticker symbol 'TRI' will continue to be used on both exchanges. Thomson Reuters will maintain its position as a global content and technology company, serving professionals across legal, tax, accounting, compliance, government, and media sectors with specialized software, insights, and solutions.

Thomson Reuters (TSX/NYSE: TRI) has announced exchange offers for all validly tendered notes of Thomson Reuters (TRC) for new notes to be issued by TR Finance , its indirect U.S. subsidiary. The new notes will maintain the same interest rates, payment dates, maturity dates, and optional redemption dates as the old notes.

The exchange offers cover five series of notes with aggregate principal amounts ranging from $119,045,000 to $500,000,000, including 3.350% Notes due 2026, 5.850% Notes due 2040, 4.500% Notes due 2043, 5.650% Notes due 2043, and 5.500% Debentures due 2035.

Holders who tender notes before the Early Tender Time (February 25, 2025) will receive $1,000 principal amount of new notes plus a $2.50 cash consent fee. Those tendering after the Early Tender Time but before the Expiration Time (March 17, 2025) will receive $970 principal amount of new notes without the consent fee.

Thomson Reuters (NYSE/TSX: TRI) has announced the launch of its second Corporate Venture Capital Fund, valued at $150 million. This new fund builds upon the success of its first $100 million fund launched in 2021. Operating as Thomson Reuters Ventures, Fund 2 will target Series A investments in early-stage technology companies across Legal Technology, Tax & Accounting, Fintech, Risk Fraud & Compliance, and News & Media markets.

The first fund has already made 23 investments, including Materia, an agentic AI company that was later acquired by Thomson Reuters. The new fund will maintain a focus on financial discipline and companies developing technologies addressing professional challenges, particularly in Gen AI applications. The initiative is part of Thomson Reuters' 'Build, Partner, Buy' strategy, aiming to strengthen its leadership position in professional technology solutions.

Thomson Reuters (TSX/NYSE: TRI) reported strong Q4 and full-year 2024 results, with total company and organic revenues up 7% for the full year and 5% for Q4. The company's 'Big 3' segments (Legal Professionals, Corporates, and Tax & Accounting Professionals) showed organic revenue growth of 8% in Q4.

Q4 highlights include: operating profit increased 29% to $722 million, adjusted EBITDA grew 2% to $718 million, and diluted EPS decreased to $1.30 from $1.49. The company increased its annualized dividend by 10%, marking the 32nd consecutive annual increase.

For 2025, Thomson Reuters anticipates organic revenue growth of 7.0-7.5% and an adjusted EBITDA margin of approximately 39%. The company acquired SafeSend for $600 million in January 2025 to expand tax automation capabilities. The updated 2026 financial framework targets 7.5-8.0% organic revenue growth and 50+ basis points of adjusted EBITDA margin expansion.

Thomson Reuters (TSX/NYSE: TRI) has announced it will release its fourth-quarter and full-year 2024 earnings report on Thursday, February 6, 2025. The company will host a conference call and simultaneous webcast at 8:00 a.m. EST on the same day. The event will be led by Steve Hasker, president and CEO, and Mike Eastwood, CFO, who will discuss the financial results.

Thomson Reuters (NYSE/TSX: TRI) has acquired SafeSend for $600 million in cash. SafeSend is a US-based cloud-native technology provider for tax and accounting professionals that automates the 'last-mile' of tax returns, including assembly, review, taxpayer e-signature, and delivery. The company serves 70% of the top 500 US accounting firms and has 235 employees.

SafeSend is projected to generate approximately $60 million in revenue in 2025 and is expected to grow over 25% annually in the coming years. The acquisition aligns with Thomson Reuters' vision to advance efficiency in tax workflows and will continue to support interoperability with multiple vendors across the tax software ecosystem.

Thomson Reuters (TSX/NYSE: TRI) announced that W. Edmund Clark will complete his 10-year service on the company's Board of Directors at the 2025 Annual General Meeting (AGM). Clark, who has served as a representative of principal shareholder Woodbridge since 2015, chaired the Human Resources Committee and served on the Corporate Governance Committee.

Woodbridge and Thomson Reuters are working to identify two new director candidates to serve as Woodbridge representatives for nomination at the AGM. The announcement includes an early warning disclosure regarding Woodbridge and Thomson Investments 's ownership of Thomson Reuters shares, with TIL beneficially owning 69.7% (313,465,179 shares) and Woodbridge owning 66.8% (300,508,139 shares) of outstanding common shares.