TRI
Thomson Reuters Reminds Non-Canadian Taxable Shareholders of Opt-Out Alternative for Return of Capital
Article Summary
HOLD- Thomson Reuters Inc. (NYSE: TRI) reminded its shareholders who are taxable in a jurisdiction outside of Canada that they can opt out of Thomson-Reuters's proposed return of capital and share consolidation transactions consist of a special cash distribution of US$605 million in aggregate or approximately US$1.36 per common share and a consolidation of outstanding common shares on a basis proportional to the special cash payment, with opt-out deadlines ranging from April 27 to April 27, 2026.
- Thomson-Reuters's management proxy circular dated March 13, 20 26 states that the return is intended to distribute cash on basis that is generally expected to be tax-free for Canadian tax purposes, with Canadian resident shareholders generally not eligible to opt out.
- The Canadian and U.S. tax consequences of the proposed return and consolidation transactions are complex, with each issued and outstanding non-participating share exchanging for one New Common Share and each issued New Common share exchanged for a number of common shares equal to the Conversion Ratio.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 3.0% | 25% | 20.0 ptsMinimal (3.0%) - Very weak |
| EPS Growth Next 5Y ? | 13.5% | 25% | 35.0 ptsBelow Screener (13.5%) - Modest outlook |
| Target Price Upside ? | 47.3% | 20% | 95.0 ptsHuge Upside (47.3%) - Target: $129.62 vs Current: $87.98 |
| Gross Margin % ? | 26.6% | 15% | 40.0 ptsModerate (26.6%) - Adequate margins |
| Drawdown from 52-Wk High ? | -59.7% | 15% | 100.0 ptsDeep Discount (-59.7%) - Best entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About TRI
- Thomson Reuters Corporation operates as a content and technology company in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
- It operates through five segments: Legal Professionals, Corporates, Tax, Audit & Accounting Professionals, Reuters News, and Global Print.
- The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
- The Corporates segment provides a suite of content-driven technologies, including generative AI and integrated compliance workflow solutions to small businesses and multinational organizations.
- Tax, Audit & Accounting Professionals segment offers research and workflow products to tax, audit, and accounting firms.
- The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial firms.
- The Global Print segment offers legal and tax information primarily in print format.
- The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008.
- The company was founded in 1799 and is headquartered in Toronto, Canada.
- Thomson Reuters Corporation is a subsidiary of The Woodbridge Company Limited.