Thomson Reuters says it will repurchase shares worth up to US$500 million, announced on Wednesday. The company frames the move against a backdrop of market concern about the financial impact of rising AI spending, which has weighed on its share price.
Across the reports, the buyback plan is presented as a response to that pressure, while one outlet also notes company performance. The Globe and Mail adds that Thomson Reuters reports higher quarterly revenue earlier in the month, even as investors remain focused on AI-related costs. Other coverage emphasizes the plan itself and the share-price context, without adding further details in the provided summaries.
Overall, the shared theme is the same: a US$500 million buyback is announced at a time when investor expectations around AI investment are dampening sentiment.
