Thomson Reuters shares are trading higher after the company reported mixed Q3 financial results, issued guidance and proposed to buyback up to $1 billion of its shares.
Portfolio Pulse from Benzinga Newsdesk
Thomson Reuters reported mixed Q3 financial results, issued guidance, and proposed a buyback of up to $1 billion of its shares. This news has led to an increase in the company's share price.
November 01, 2023 | 2:55 pm
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Thomson Reuters' mixed Q3 results and proposed $1 billion share buyback have led to an increase in its share price.
The mixed Q3 results show that the company is still profitable despite some challenges. The proposed $1 billion share buyback indicates that the company has strong cash flow and is confident in its future prospects. These factors have led to an increase in the company's share price.
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