TOC.PR.B : Ticker Change to TRI.PR.B on April 17

The Thomson Corporation has announced:

new stock ticker symbols for Thomson Reuters that will be effective at the opening of trading on April 17, following the expected close of Thomson’s acquisition of Reuters Group PLC earlier that morning.

Thomson Reuters will have two parent companies, both of which will be publicly listed – The Thomson Corporation, an Ontario company, will be renamed Thomson Reuters Corporation, and Thomson Reuters PLC will be a new UK company in which existing Reuters shareholders will receive shares as part of their consideration in the transaction.

On April 17, Thomson Reuters Corporation common shares will begin trading on the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSX) under the ticker symbol “TRI”. Thomson common shares will continue to trade under the symbol “TOC” through April 16. The symbol for Thomson’s Series II preference shares that are listed on the TSX will change to “TRI.PR.B” from “TOC.PR.B”.

The CUSIP number for TRI.PR.B will be 884903 30 3.

TOC.PR.B is tracked by HIMIPref™; it has been in and out of the HIMIPref™ indices over the years on volume concerns – it is currently “out” due to volume concerns. Following a credit review, it was affirmed as Pfd-2(low) by DBRS.

Leave a Reply

You must be logged in to post a comment.