Thomson Reuters Corp (TRI.N) Key Developments | Reuters.com
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Thomson Reuters Corp (TRI.N)

TRI.N on New York Stock Exchange

39.98USD
24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Thomson Reuters renews NCIB, may repurchase up to 37.5 mln shares
Tuesday, 24 May 2016 04:30pm EDT 

Thomson Reuters Corp: Thomson Reuters announces annual renewal of normal course issuer bid .Under renewed NCIB, up to 37.5 million common shares may be repurchased between May 30, 2016 and May 29, 2017.  Full Article

Thomson Reuters Corp reaffirms FY 2016 outlook
Tuesday, 26 Apr 2016 06:30am EDT 

Thomson Reuters Corp:Re-affirmed its business outlook for FY 2016 which was previously communicated in Feb. 2016.Says company's FY 2016 outlook assumes constant currency rates compared to 2015 and all metrics below (except for free cash flow) exclude the Intellectual Property & Science business, which has been classified as a discontinued operation for 2016 reporting purposes.Expects low single-digit revenue growth for FY 2016.Expects 2% to 3% revenue growth excluding Financial & Risk's recoveries revenues, which are low margin revenues and are expected to decline as partners move to direct billing with their customers.  Full Article

Thomson Reuters Corp increases annual dividend, to repurchase additional $1.5 bln of shares
Thursday, 11 Feb 2016 06:31am EST 

Thomson Reuters Corp:Board approved $0.02 annual dividend increase to $1.36 per share.Quarterly dividend of $0.34 per share payable on March 15, 2016 to common shareholders of record as of February 23, 2016.Says plans to repurchase up to an additional $1.5 billion of its shares.  Full Article

Thomson Reuters Corp gives FY 2016 outlook
Thursday, 11 Feb 2016 06:31am EST 

Thomson Reuters Corp:Says FY 2016 outlook assumes constant currency rates compared to FY 2015 and excludes Intellectual Property & Science business, which will be classified as a discontinued operation for FY 2016 reporting purposes.Says FY 2016 outlook is based on expected performance of the company's remaining businesses and does not factor in the impact of any other acquisitions or divestitures that may occur during the year.Expects low single digit revenue growth - 2% to 3% revenue growth excluding Financial & Risk's recoveries revenues, which are low margin revenues and are expected to decline as partners move to direct billing with their customers.  Full Article

Thomson Reuters to explore strategic options for its Intellectual Property & Science Business
Wednesday, 11 Nov 2015 08:00am EST 

Thomson Reuters:Says exploring strategic options for its intellectual property & science business.Says full-year 2015 consolidated results will include intellectual property & science's results.Says Vin Caraher has been appointed president of the intellectual property & science business, effective immediately.Says guggenheim securities, llc and j.p. morgan are acting as financial advisors to Thomson Reuters.Says Basil Moftah, formerly president of intellectual property & science, is leaving Thomson Reuters.Says to use proceeds from a potential deal to invest in its core businesses, repay debt and accelerate share buyback activity.  Full Article

Thomson Reuters Corp reaffirms FY 2015 guidance
Friday, 23 Oct 2015 06:30am EDT 

Thomson Reuters Corp:Reaffirms FY 2015 guidance communicated in February 2015.Sees positive organic revenue growth in FY 2015.FY 2015 revenue of $12.34 bln - Thomson Reuters I/B/E/S.  Full Article

Diligent Corp acquires BoardLink From Thomson Reuters Corp
Monday, 19 Oct 2015 04:36pm EDT 

Diligent Corp:Has acquired all assets of BoardLink, a SaaS provider of board and leadership team collaboration solutions, from Thomson Reuters Corp.Diligent paid approximately $10.0 million in cash for the Thomson Reuters BoardLink business.District Capital Partners acted as exclusive financial advisor to Diligent in the transaction.  Full Article

Objectway acquires European Back Office System from Thomson Reuters
Wednesday, 12 Aug 2015 09:00am EDT 

Thomson Reuters Corp:Announces that it has signed a definitive agreement to acquire BETA Global, a European wealth and investment transaction processing system, from Thomson Reuters.Says the acquisition is expected to close immediately.Says terms of the transaction were not disclosed.  Full Article

Thomson Reuters Corp approves dividend
Wednesday, 29 Jul 2015 07:00am EDT 

Thomson Reuters Corp:Approved $0.02 per share annualized increase in dividend to $1.34 per share.Says quarterly dividend of $0.335 per share is payable on Sept 15 to common shareholders of record as of Aug. 20.  Full Article

Thomson Reuters Corp reaffirms FY 2015 guidance and announces quarterly dividend
Wednesday, 29 Jul 2015 07:00am EDT 

Thomson Reuters Corp:Re-affirmed its full-year business outlook for FY 2015, which was previously communicated in Feb.Says that the company continues to expect positive organic revenue growth for FY 2015.Says quarterly dividend of $0.335 per share is payable on Sept. 15, to common shareholders of record as of Aug. 20.  Full Article

BRIEF-Thomson Reuters Corp files for debt shelf of up to $3 bln

* Thomson Reuters Corp files for debt shelf of up to $3 billion - sec filing Source text: 1.usa.gov/1WGq0MG Further company coverage: (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780)