I'm only an investor through an index-based ETF, but I got this message: """Shares of Thomson Reuters (NASDAQ/TSX: TRI) are now trading on a 0.984560-for-1 reverse-split basis (effective May 4, 2026)."""
Maybe it has something to do with this subsequent note: """In addition to the share consolidation, Thomson Reuters has announced a return of capital cash distribution of US$1.435518 per common share. """
What's the point of such a marginal reverse-split? Some insider made a prediction market bet?