Thomson Reuters reported steady growth for the fourth quarter and full year 2025 while setting a more ambitious outlook for 2026. In Q4, revenues rose to $2.01 billion, up 5%, with adjusted EBITDA of $777 million and a 38.7% margin. Full-year 2025 revenues reached $7.48 billion, up 3% (7% organic), and adjusted EBITDA increased 6% to $2.94 billion with a 39.2% margin. Diluted EPS fell to $3.33 from $4.89 mainly because 2024 included a large non-cash tax benefit. Free cash flow grew to $1.95 billion, up 7%. The core “Big 3” segments delivered 9% organic revenue growth and a 43.6% adjusted EBITDA margin. For 2026, the company targets 7.5%–8.0% organic revenue growth, about 100 bps of margin expansion, and free cash flow of roughly $2.1 billion. The Board approved a 10% dividend increase to an annualized $2.62 per share, and a $1.0 billion share repurchase program was completed in 2025.
A holder of Thomson Reuters Corporation common shares has filed a Rule 144 notice for the planned sale of 1250 common shares on Nasdaq.
The filing lists an aggregate market value of 163375 for these shares, expected to be sold around 12/15/2025 through UBS Financial Services Inc. The shares were acquired on 12/10/2024 via vesting of restricted share units from Thomson Reuters Corporation, in an amount of 1250 shares.
Thomson Reuters (TRI) reported a planned stock sale under Rule 144. A shareholder filed notice of intent to sell 600000 common shares through BMO Capital Markets Corp. on the Nasdaq exchange, with an aggregate market value of 81258000. The filing lists 444842487 common shares outstanding.
The securities to be sold are part of a much larger position acquired on 04/17/2008, when 452082798 common shares were obtained in various transactions described in Note (2). The seller confirms they are not aware of any material adverse information about Thomson Reuters’ current or future operations that has not already been publicly disclosed.
Thomson Investments Limited, Woodbridge and affiliates filed Amendment No. 23 to Schedule 13D regarding Thomson Reuters. The group reports beneficial ownership of 313,595,574 Common Shares, representing 70.5% of the class, based on 444,842,487 shares outstanding as of October 31, 2025.
The update reflects internal reorganizations and wind-ups among affiliated entities. On November 6, 2025, 1000706525 Ontario Limited consolidated 62,000,000 shares from ten Woodbridge subsidiaries; no single subsidiary transferred 1% or more. Other movements include a 45,357-share acquisition via the DRIP by 1396164 Ontario Limited, and a charity sale of 25,000 shares. Several Ontario numbered companies ceased to be reporting persons following wind-ups.
The filing notes pledged shares: 96,019 shares newly pledged and an aggregate of 2,935,697 shares pledged to Royal Bank of Canada under nine demand credit facilities. It also lists director DSUs outstanding: David K.R. Thomson 131,817, Peter J. Thomson 17,127, and Michael Friisdahl 461. The reporting persons state they plan to maintain their controlling interest and may acquire or dispose of shares from time to time.
Thomson Reuters Corporation (TRI): Form 144 notice — David Wong filed to sell up to 4,301 common shares, with an aggregate market value of $630,526.6. The filing lists an approximate sale date of 11/05/2025 on Nasdaq through UBS Financial Services Inc.
The shares reflect recent acquisitions: 2,619 shares from a cashless exercise of stock options dated 11/05/2025 and 1,682 shares from the vesting of performance share units dated 03/10/2025. The filer also sold 4,256 shares on 08/07/2025 for gross proceeds of $765,952. Shares outstanding were 450,680,705; this is a baseline figure, not the amount being sold.
Thomson Reuters Corporation has submitted a Form 6-K as a foreign private issuer, indicating it files annual reports on Form 40-F. The filing incorporates information from Exhibit 99.1 and Exhibit 99.2 into the company’s existing registration statements and adds them as exhibits.
The Form 6-K also voluntarily furnishes CEO and CFO certifications under Sections 302 and 906 of the Sarbanes-Oxley Act as Exhibits 99.3 through 99.6, alongside management’s discussion and analysis and unaudited consolidated financial statements.
Thomson Reuters Corporation filed a Form 6-K reporting an attached news release dated September 4, 2025 that announces the establishment of an automatic share purchase plan. The report is signed by Jennifer Ruddick, Deputy Company Secretary, and lists the news release as Exhibit 99.1. No further details about the mechanics, amounts, timing, or authorization of the purchase plan are included in the provided text.
The filing lists exhibits showing that Thomson Reuters Corporation (TRI) announced a $1.0 billion share repurchase program and filed a Notice of Intention to Make a Normal Course Issuer Bid. The document includes a signature by Jennifer Ruddick, Deputy Company Secretary, dated August 15, 2025. The content provided here is limited to the exhibit descriptions and signature block; the text of the exhibits is not included in the supplied content.