Thomson Reuters to Transfer U.S. Stock Exchange Listing to Nasdaq
Thomson Reuters (TRI) has announced plans to voluntarily transfer its U.S. stock exchange listing from the NYSE to the Nasdaq Global Select Market. The transition is scheduled to take place with trading ceasing on NYSE at market close around February 24, 2025, and commencing on Nasdaq around February 25, 2025.
The company's listing on the Toronto Stock Exchange (TSX) will remain unchanged, and the ticker symbol 'TRI' will continue to be used on both exchanges. Thomson Reuters will maintain its position as a global content and technology company, serving professionals across legal, tax, accounting, compliance, government, and media sectors with specialized software, insights, and solutions.
Thomson Reuters (TRI) ha annunciato piani per trasferire volontariamente la sua quotazione azionaria negli Stati Uniti dalla NYSE al Nasdaq Global Select Market. La transizione è programmata per avvenire con la chiusura delle contrattazioni sulla NYSE intorno al 24 febbraio 2025, e l'inizio delle contrattazioni sul Nasdaq intorno al 25 febbraio 2025.
La quotazione dell'azienda sulla Toronto Stock Exchange (TSX) rimarrà invariata e il simbolo azionario 'TRI' continuerà a essere utilizzato su entrambe le borse. Thomson Reuters manterrà la sua posizione come azienda globale di contenuti e tecnologia, servendo professionisti nei settori legale, fiscale, contabile, di conformità, governativo e dei media con software, approfondimenti e soluzioni specializzate.
Thomson Reuters (TRI) ha anunciado planes para transferir voluntariamente su cotización en la bolsa de valores de EE. UU. de la NYSE al Nasdaq Global Select Market. La transición está programada para llevarse a cabo con el cese de la negociación en la NYSE alrededor del 24 de febrero de 2025, y comenzando en el Nasdaq alrededor del 25 de febrero de 2025.
La cotización de la empresa en la Toronto Stock Exchange (TSX) permanecerá sin cambios, y el símbolo de cotización 'TRI' continuará utilizándose en ambas bolsas. Thomson Reuters mantendrá su posición como una empresa global de contenido y tecnología, sirviendo a profesionales en los sectores legal, fiscal, contable, de cumplimiento, gubernamental y de medios con software, conocimientos y soluciones especializadas.
톰슨 로이터 (TRI)는 자발적으로 미국 주식 거래소의 상장지를 NYSE에서 나스닥 글로벌 셀렉트 마켓으로 이전할 계획을 발표했습니다. 이 전환은 2025년 2월 24일 경 NYSE에서 거래가 종료되고, 2025년 2월 25일 경 나스닥에서 거래가 시작되는 일정으로 예정되어 있습니다.
회사의 토론토 증권 거래소 (TSX)에서의 상장은 변동이 없으며, 'TRI'라는 주식 기호는 두 거래소에서 계속 사용됩니다. 톰슨 로이터는 법률, 세무, 회계, 준수, 정부 및 미디어 분야의 전문가들에게 전문 소프트웨어, 통찰력 및 솔루션을 제공하며, 글로벌 콘텐츠 및 기술 회사로서의 입지를 유지할 것입니다.
Thomson Reuters (TRI) a annoncé des plans pour transférer volontairement son inscription à la bourse américaine de la NYSE vers le Nasdaq Global Select Market. La transition est prévue pour avoir lieu avec l'arrêt des transactions sur la NYSE aux alentours du 24 février 2025, et le début des transactions sur le Nasdaq aux alentours du 25 février 2025.
L'inscription de l'entreprise à la Toronto Stock Exchange (TSX) restera inchangée, et le symbole boursier 'TRI' continuera d'être utilisé sur les deux bourses. Thomson Reuters maintiendra sa position en tant qu'entreprise mondiale de contenu et de technologie, servant des professionnels dans les secteurs juridique, fiscal, comptable, de conformité, gouvernemental et des médias avec des logiciels, des analyses et des solutions spécialisés.
Thomson Reuters (TRI) hat Pläne angekündigt, seine US-Börsennotierung freiwillig von der NYSE auf den Nasdaq Global Select Market zu übertragen. Der Übergang ist für den Handelsschluss an der NYSE um den 24. Februar 2025 und den Beginn des Handels an der Nasdaq um den 25. Februar 2025 vorgesehen.
Die Notierung des Unternehmens an der Toronto Stock Exchange (TSX) bleibt unverändert, und das Tickersymbol 'TRI' wird weiterhin an beiden Börsen verwendet. Thomson Reuters wird seine Position als globales Content- und Technologieunternehmen beibehalten, das Fachleute in den Bereichen Recht, Steuern, Buchhaltung, Compliance, Regierung und Medien mit spezialisierten Softwarelösungen, Erkenntnissen und Lösungen bedient.
- Potential for increased visibility among tech-focused investors on Nasdaq
- Maintains dual listing status on TSX and U.S. markets
- No disruption to trading continuity during exchange transfer
- None.
Insights
The strategic decision by Thomson Reuters to transfer its U.S. listing to Nasdaq marks a calculated move that extends beyond mere exchange venue change. This transition aligns with Thomson Reuters' evolution into a technology-driven content and solutions provider, potentially benefiting from Nasdaq's superior trading technology infrastructure and lower annual listing fees.
The move carries several strategic advantages:
- Nasdaq's advanced market technology platform offers enhanced trading efficiency and reduced latency, particularly beneficial for algorithmic trading systems that frequently trade TRI shares
- Potential cost savings from Nasdaq's competitive fee structure compared to NYSE's traditional pricing model
- Enhanced visibility among tech-focused institutional investors and analysts who primarily follow Nasdaq-listed companies
- Access to Nasdaq's suite of investor relations and corporate services tools, which complement Thomson Reuters' own technology-focused business model
The maintenance of the dual-listing structure with the Toronto Stock Exchange ensures continued access to both U.S. and Canadian capital markets, while the retention of the TRI ticker symbol minimizes any potential confusion or disruption for investors. The well-planned transition timeline with specific dates demonstrates careful consideration for market participants and trading continuity.
From a market structure perspective, this move could influence trading dynamics through Nasdaq's different market maker system and potential inclusion in Nasdaq-specific indices. The transfer might also attract additional institutional investors who maintain a technology-sector focus, potentially improving trading liquidity and price discovery mechanisms.
Ticker symbol will remain "TRI"
Thomson Reuters' listing on the Toronto Stock Exchange ("TSX") will not be impacted, and its common shares will continue to be listed under the ticker symbol "TRI" on both the TSX and Nasdaq.
"We are delighted to be among the world's largest and most innovative companies on Nasdaq," said Steve Hasker, President and CEO of Thomson Reuters.
Thomson Reuters
Thomson Reuters (TSX/NYSE: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news. For more information, visit tr.com.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS, MATERIAL RISKS AND MATERIAL ASSUMPTIONS
Certain statements in this news release, including, but not limited to, statements relating to Thomson Reuters transferring its stock exchange listing to the Nasdaq from the NYSE, the expected dates of the transfer and its potential eligibility or inclusion in market indices, are forward-looking. The words "will", "expect", "believe", "target", "estimate", "could", "should", "anticipates" and similar expressions identify forward-looking statements. While Thomson Reuters believes that it has a reasonable basis for making the forward-looking statements in this news release, they are not a guarantee of future outcomes and there is no assurance that any of the other events described in any forward-looking statement will materialize. Forward-looking statements are subject to a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from current expectations. Many of these risks, uncertainties and assumptions are beyond the company's control and the effects of them can be difficult to predict.
Additional information regarding these risks, uncertainties and assumptions is included in materials that Thomson Reuters from time-to-time files with, or furnishes to, the Canadian securities regulatory authorities and the
CONTACTS
Media
Gehna Singh Kareckas
Senior Director, Corporate Affairs
+1 613 979 4272
gehna.singhkareckas@tr.com
Investors
Gary Bisbee, CFA
Head of Investor Relations
+1 646 540 3249
gary.bisbee@tr.com
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SOURCE Thomson Reuters
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