TSX:TRIProfessional Services
Thomson Reuters Capital Return Plan Advances And Reshapes Investor Outlook
Thomson Reuters received court approval for its return of capital and share consolidation plan after a shareholder vote at a special meeting.
The Ontario Superior Court of Justice approved the plan of arrangement, which includes a return of capital to shareholders and a reverse stock split.
The plan is pending final approvals from stock exchanges and is expected to become effective soon.
For investors watching TSX:TRI, this court approval confirms that a previously announced corporate...