Thomson Reuters Corporation (TRI) Announces $600 Million Share Repurchase Program

Thomson Reuters Corporation (NASDAQ:TRI) is among the 10 Stocks That Could Skyrocket in 2026.

Thomson Reuters Corporation (TRI) Announces $600 Million Share Repurchase Program

On February 25, Thomson Reuters Corporation (NASDAQ:TRI) announced plans to repurchase up to $600 million of its common shares under an amended normal course issuer bid approved by the Toronto Stock Exchange and to return approximately $605 million to shareholders through a return of capital transaction. The amended NCIB became effective on February 27. The expanded capital return framework signals confidence in cash flow generation and balance sheet strength, while enhancing total shareholder yield.

The same day, BofA noted that Thomson Reuters Corporation (NASDAQ:TRI) shares rose 12% following an Anthropic event highlighting progress in enterprise AI agents and customizable plug-ins. CEO Steve Hasker participated in the livestream to discuss the company’s use of advanced AI tools to improve customer solutions and internal productivity. BofA characterized the stock reaction as a rebuttal to concerns that large language models could disrupt Thomson Reuters’ workflow and research products, maintaining a Neutral rating and $100 price target. The market’s positive response underscores investor recognition that AI integration may serve as a growth catalyst rather than a competitive threat, supporting the company’s long-term product evolution.

Thomson Reuters Corporation (NASDAQ:TRI) is a global content-driven technology company providing AI-powered software, data, and insights for legal, tax, accounting, compliance, and government professionals, alongside its Reuters news division.

While we acknowledge the potential of TRI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Best Income Stocks With Highest Upside Potential and 11 Best Low Priced Growth Stocks to Buy Right Now.

Disclosure: None. Follow Insider Monkey on Google News.

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