Thomson Reuters (TRI) Stock Buyback History
TTM buyback yield 3.22% · Shareholder yield (TTM) 3.22%.
TTM buyback yield
3.22%
Shareholder yield (TTM)
3.22%
5Y share count change
-9.7%
TTM buyback spend
$1.27B
SBC coverage (TTM)
N/A
YoY change in spend
+67.3%
5Y CAGR of spend
+37.0%
Peak year (2018)
$9.45B
Cumulative spend
$25.04B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Thomson Reuters (TRI) repurchased about $1.27B of stock over the trailing twelve months.
- Diluted share count is down 9.7% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- Cash buyback spend has compounded at +37.0% per year over the latest 5-year window.
- TTM repurchases used about 123% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $1.02B | $0.00 | $1.02B | 0.45B | -0.4% | 1.71% |
| 2024 | $608.32M | $0.00 | $608.32M | 0.45B | -2.7% | 0.83% |
| 2023 | $3.18B | $0.00 | $3.18B | 0.46B | -4.3% | 4.71% |
| 2022 | $1.23B | $0.00 | $1.23B | 0.48B | -1.9% | 2.14% |
| 2021 | $1.39B | $0.00 | $1.39B | 0.49B | -0.7% | 2.34% |
| 2020 | $210.57M | $0.00 | $210.57M | 0.50B | -0.9% | 0.51% |
| 2019 | $499.35M | $0.00 | $499.35M | 0.50B | -22.0% | 1.37% |
| 2018 | $9.45B | $0.00 | $9.45B | 0.64B | 2.2% | 36.43% |
| 2017 | $1.04B | $0.00 | $1.04B | 0.63B | -3.8% | 3.27% |
| 2016 | $1.65B | $0.00 | $1.65B | 0.66B | -4.5% | 5.07% |
| 2015 | $1.31B | $0.00 | $1.31B | 0.69B | -3.3% | 4.42% |
| 2014 | $975.49M | $0.00 | $975.49M | 0.71B | -2.4% | 2.97% |
| 2013 | $387.91M | $0.00 | $387.91M | 0.73B | 0.2% | 1.23% |
| 2012 | $168.67M | $0.00 | $168.67M | 0.73B | -0.5% | 0.69% |
| 2011 | $316.76M | $0.00 | $316.76M | 0.73B | -0.4% | 1.36% |
| 2010 | $0.00 | $0.00 | $0.00 | 0.73B | 0.4% | — |
| 2009 | $0.00 | $0.00 | $0.00 | 0.73B | 7.5% | — |
| 2008 | $451.24M | $0.00 | $451.24M | 0.68B | 20.2% | 1.77% |
| 2007 | $182.71M | $0.00 | $182.71M | 0.56B | 0.1% | 0.66% |
| 2006 | $401.54M | $0.00 | $401.54M | 0.56B | -1.6% | 1.43% |
| 2005 | $265.55M | $0.00 | $265.55M | 0.57B | -0.1% | 1.12% |
| 2004 | $0.00 | $0.00 | $0.00 | 0.57B | 0.4% | — |
| 2003 | $311.00M | $0.00 | $311.00M | 0.57B | 1.4% | 1.24% |
| 2002 | $0.00 | $0.00 | $0.00 | 0.56B | 2.3% | — |
| 2001 | $0.00 | $0.00 | $0.00 | 0.55B | 0.9% | — |
| 2000 | $0.00 | $0.00 | $0.00 | 0.55B | 1.7% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.54B | 0.2% | — |
| 1998 | $0.00 | $0.00 | $0.00 | 0.54B | 6.9% | — |
| 1997 | $0.00 | $0.00 | $0.00 | 0.50B | -4.5% | — |
| 1996 | $0.00 | $0.00 | $0.00 | 0.52B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Thomson Reuters (TRI) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Thomson Reuters (TRI)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Thomson Reuters (TRI)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.02B | +67.3% | +$409.19M | ||
| 2024 | $608.32M | -80.9% | -$2.57B | ||
| 2023 | $3.18B | +158.4% | +$1.95B | ||
| 2022 | $1.23B | -11.3% | -$156.48M | ||
| 2021 | $1.39B | +559.0% | +$1.18B | ||
| 2020 | $210.57M | -57.8% | -$288.78M | ||
| 2019 | $499.35M | -94.7% | -$8.95B | ||
| 2018 | $9.45B | +812.6% | +$8.42B | ||
| 2017 | $1.04B | -37.3% | -$616.92M | ||
| 2016 | $1.65B | +26.7% | +$347.81M | ||
| 2015 | $1.31B | +33.8% | +$329.59M | ||
| 2014 | $975.49M | +151.5% | +$587.58M | ||
| 2013 | $387.91M | +130.0% | +$219.24M | ||
| 2012 | $168.67M | -46.8% | -$148.09M | ||
| 2011 | $316.76M | — | +$316.76M | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | -100.0% | -$451.24M | ||
| 2008 | $451.24M | +147.0% | +$268.52M | ||
| 2007 | $182.71M | -54.5% | -$218.83M | ||
| 2006 | $401.54M | +51.2% | +$135.99M | ||
| 2005 | $265.55M | — | +$265.55M | ||
| 2004 | $0 | -100.0% | -$311.00M | ||
| 2003 | $311.00M | — | +$311.00M | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | $0 | ||
| 2000 | $0 | — | $0 | ||
| 1999 | $0 | — | $0 | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | $0 | ||
| 1996 | $0 | — | $0 | ||
| 1995 | $0 | — | — |
2025's annual buyback spend for Thomson Reuters (TRI) came in at $1.02B – surged 67.3% year-over-year.
Thomson Reuters buyback spend compound annual growth for the 2020–2025 (5 years) window is +37.0%, with the latest reading among the more recent periods of the dataset.
Thomson Reuters buyback spend plunged from $9.45B in 2018 to $1.02B in 2025, a 89.2% drawdown.
Across the available history, buyback spend reached its high of $9.45B in 2018 and its low of $0 in 1995.
Among 8 Industrials peers, Thomson Reuters (TRI) ranks 7th; the peer median for buyback spend is $2.27B.
Thomson Reuters Buyback Spend 2025: $1.02B
Thomson Reuters buyback spend in 2025 was $1.02B, surged 67.3% from 2024.
Thomson Reuters Buyback Spend 2024: $608.32M
Thomson Reuters buyback spend in 2024 was $608.32M, plunged 80.9% below 2023.
Thomson Reuters Buyback Spend 2023: $3.18B
Thomson Reuters buyback spend in 2023 was $3.18B, surged 158.4% from 2022.
Thomson Reuters Buyback Spend 2022: $1.23B
Thomson Reuters buyback spend in 2022 was $1.23B, declined 11.3% below 2021.
Thomson Reuters Buyback Spend 2021: $1.39B
Thomson Reuters buyback spend in 2021 was $1.39B.
See more financial history for Thomson Reuters (TRI).
Sector peers by buyback spend
Companies in the same sector as Thomson Reuters, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| GE Aerospace (GE) | $7.55B | Industrials |
| Caterpillar (CAT) | $5.19B | Industrials |
| Honeywell International (HON) | $3.80B | Industrials |
| Union Pacific (UNP) | $2.68B | Industrials |
| Eaton Corporation (ETN) | $1.86B | Industrials |
| Deere & Company (DE) | $1.14B | Industrials |
| RTX (RTX) | $50.00M | Industrials |
| Boeing (BA) | $0 | Industrials |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: N/A.
Capital allocation mix
How Thomson Reuters splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.03B (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Thomson Reuters's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Thomson Reuters buy back its own stock?
Yes, Thomson Reuters (TRI) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Thomson Reuters spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $1.27B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Thomson Reuters's buyback yield?
TTM buyback yield is about 3.22% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Thomson Reuters's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 3.22% combined (TTM-based where available).
Is Thomson Reuters diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Thomson Reuters's share count changed?
Diluted weighted average shares changed by about -9.7% over roughly five fiscal years (annual income statement data).
What is Thomson Reuters's buyback spend?
Latest reported buyback spend for Thomson Reuters (TRI) is $1.27B (period ending March 31, 2026).
How has Thomson Reuters buyback spend changed year-over-year?
Thomson Reuters (TRI) buyback spend changed +67.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Thomson Reuters buyback spend?
Thomson Reuters (TRI) buyback spend compound annual growth rate is +37.0% over the most recent 5 years available.
When did Thomson Reuters buyback spend hit its highest annual value?
Thomson Reuters buyback spend reached its highest annual value of $9.45B in 2018.
What was Thomson Reuters buyback spend in 2024?
Thomson Reuters (TRI) buyback spend in 2024 was $608.32M.
What was Thomson Reuters buyback spend in 2025?
Thomson Reuters (TRI) buyback spend in 2025 was $1.02B.
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