Thomson reuters reports first-quarter 2024 results

Toronto , may 2, 2024 /prnewswire/ -- thomson reuters (tsx/nyse: tri) today reported results for the first quarter ended march 31, 2024: revenue momentum continued in the first quarter total company revenues up 8% / organic revenues up 9% organic revenues up 10% for the "big 3" segments (legal professionals, corporates and tax & accounting professionals) based on q1 performance, moderately raised 2024 outlook for total and organic revenue growth maintained guidance on all other metrics sold 10.1 million shares of london stock exchange group (lseg) in the first quarter for gross proceeds of $1.2 billion raised annual common dividend by 10% to $2.16 repurchased over $350 million of the company's common shares in the first quarter current $1.0 billion share buyback program expected to conclude by end of the second quarter of 2024 "we have delivered an encouraging start to 2024, underscored by a strong financial performance and raised outlook, building on the momentum of the past year," said steve hasker, president and ceo of thomson reuters. "as we chart our course through 2024, we remain committed to investing in content-driven technology that helps professionals make complex decisions with confidence.
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