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May 23, 2012
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| 14:41 EDT |  | TRI |
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May 21, 2012
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| 08:05 EDT |  | TRI |
| | 07:37 EDT |  | TRI |
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May 17, 2012
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| 07:32 EDT |  | TRI |
| theflyonthewall.com: | Thomson Reuters announces annual renewal of normal course issuer bid | | Thomson Reuters announced that it has received approval from the Toronto Stock Exchange, or TSX, for the annual renewal of its normal course issuer bid, or NCIB. Under the NCIB, up to 15M common shares - representing less than 2% of the total outstanding shares - may be repurchased in open market transactions on the TSX or the NYSE between May 22, 2012 and May 21, 2013. In accordance with TSX rules, any daily repurchases would be limited to a maximum of 315,657 shares, which represents 25% of the average daily trading volume on the TSX for the six months ended April 30, 2012. On May 8, 2012, there were 828,646,016 Thomson Reuters common shares outstanding. Any shares that are repurchased will be cancelled. Decisions regarding any future repurchases will be based on market conditions, share price and other factors, including opportunities to invest capital for growth. Under its NCIB that began on May 13, 2011 and expired on May 12, 2012, Thomson Reuters repurchased 12,372,300 common shares for a total cost of $372.3M, representing an average price of $30.09 per share. :theflyonthewall.com |
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