Thomson Reuters Intends To Purchase Up To 6 Million Shares Through Private Agreements - Purchases Will Be Part Of Previously Announced Buyback Program

Thomson Reuters (NYSE / TSX: TRI) today announced that it intends to purchase up to 6 million of its common shares through private agreements with two armʹs-length third-party sellers. Any shares purchased under these agreements will count towards the company’s existing normal course issuer bid (NCIB), which allows it to buy back up to 37.5 million common shares between May 30, 2016 and May 29, 2017. The Ontario Securities Commission (OSC) has issued issuer bid exemption orders permitting the company to make such private agreement purchases.