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Thomson Reuters announces new $600M share repurchase program

Thomson Reuters (TRI) announced that it plans to repurchase up to $600M of its common shares under an amended normal course issuer bid that has been approved by the Toronto Stock Exchange and that it plans to return $605M to shareholders through a return of capital transaction. Shares will be repurchased for the new $600M repurchase program under an amended NCIB. The amended NCIB, which has been accepted by the TSX, will become effective on February 27.

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