Thomson Reuters to Transfer U.S. Stock Exchange Listing to Nasdaq

Rhea-AI Summary

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.

Positive

• Potential for increased visibility among tech-focused investors on Nasdaq
• Maintains dual listing status on TSX and U.S. markets
• No disruption to trading continuity during exchange transfer

Negative

• None.

News Market Reaction

+1.74%

1 alert

+1.74% News Effect

On the day this news was published, TRI gained 1.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Ticker symbol will remain "TRI"

TORONTO, Feb. 13, 2025 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today announced that it will voluntarily transfer its U.S. stock exchange listing to the Nasdaq Global Select Market ("Nasdaq") from the New York Stock Exchange ("NYSE"). Thomson Reuters expects that its common shares will cease trading on the NYSE at market close on or about February 24, 2025 and that its common shares will commence trading on the Nasdaq on or about February 25, 2025.

Thomson Reuters' listing on the Toronto Stock Exchange ("TSX") will not be impacted, and its common shares will continue to be listed under the ticker symbol "TRI" on both the TSX and Nasdaq.

"We are delighted to be among the world's largest and most innovative companies on Nasdaq," said Steve Hasker, President and CEO of Thomson Reuters. 

Thomson Reuters

Thomson Reuters (TSX/NYSE: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news. For more information, visit tr.com.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS, MATERIAL RISKS AND MATERIAL ASSUMPTIONS

Certain statements in this news release, including, but not limited to, statements relating to Thomson Reuters transferring its stock exchange listing to the Nasdaq from the NYSE, the expected dates of the transfer and its potential eligibility or inclusion in market indices, are forward-looking. The words "will", "expect", "believe", "target", "estimate", "could", "should", "anticipates" and similar expressions identify forward-looking statements. While Thomson Reuters believes that it has a reasonable basis for making the forward-looking statements in this news release, they are not a guarantee of future outcomes and there is no assurance that any of the other events described in any forward-looking statement will materialize. Forward-looking statements are subject to a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from current expectations. Many of these risks, uncertainties and assumptions are beyond the company's control and the effects of them can be difficult to predict.

Additional information regarding these risks, uncertainties and assumptions is included in materials that Thomson Reuters from time-to-time files with, or furnishes to, the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission. Except as may be required by applicable law, Thomson Reuters disclaims any obligation to update or revise any forward-looking statements.

CONTACTS

Media
Gehna Singh Kareckas
Senior Director, Corporate Affairs
+1 613 979 4272
gehna.singhkareckas@tr.com

Investors
Gary Bisbee, CFA
Head of Investor Relations
+1 646 540 3249
gary.bisbee@tr.com

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SOURCE Thomson Reuters

FAQ

When will Thomson Reuters (TRI) start trading on Nasdaq?

Thomson Reuters (TRI) is expected to commence trading on Nasdaq on or about February 25, 2025.

Will Thomson Reuters keep its TRI stock symbol after moving to Nasdaq?

Yes, Thomson Reuters will maintain its 'TRI' ticker symbol on both Nasdaq and the Toronto Stock Exchange (TSX).

When will TRI stop trading on the NYSE?

Thomson Reuters (TRI) expects to cease trading on the NYSE at market close on or about February 24, 2025.

Will the Nasdaq transfer affect Thomson Reuters' TSX listing?

No, Thomson Reuters' listing on the Toronto Stock Exchange (TSX) will not be impacted by the transfer to Nasdaq.

Which Nasdaq market will TRI be listed on?

Thomson Reuters will be listed on the Nasdaq Global Select Market, which is Nasdaq's top-tier market.