Thomson Reuters Announces Unusual Reverse Stock Split Alongside Special Dividend

Corporate Action
โดย The Motley Fool·Read original
Summary · why it matters

Thomson Reuters announced a highly unusual reverse stock split in May 2026, exchanging each old share for 0.98456 new shares, alongside a $1.44-per-share special dividend. The special dividend returns cash to shareholders from the sale of its financial and risk business to London Stock Exchange Group, a deal completed in 2021 that made Thomson Reuters the largest shareholder in the exchange group before it fully exited the stake in 2024. The company stated the odd split ratio is proportional to the special cash distribution and does not alter percentage ownership. The move comes as Thomson Reuters reported first-quarter 2026 revenue up 10% year over year, earnings up 7%, and a 10% dividend hike.

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