Thomson Reuters (TRI) Raises Quarterly Dividend 1.4% to $0.35; Outlines Steps to Complete Return of $10 Billion to Shareholders

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Go back to Thomson Reuters (TRI) Raises Quarterly Dividend 1.4% to $0.35; Outlines Steps to Complete Return of $10 Billion to Shareholders

Thomson Reuters Outlines Steps to Complete the Return of US$10 Billion to Shareholders and Announces Dividend Increase

October 8, 2018 6:30 AM EDT

US$6.5 billion returned under substantial issuer bid/tender offer

US$2.5 billion return of capital and share consolidation expected to be completed in November

US$1 billion to be returned through share buybacks

$0.02 annualized dividend increase effective in Q4 2018, 25th consecutive year of increases

TORONTO, Oct. 8, 2018 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today finalized its planned uses of proceeds from the recently completed sale of a 55% interest in its Financial & Risk (F&R) business. The company also announced... More