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REDDIT

What's the point of a 0.9-something reverse stock split?

G
May 6, 2026 · 02:14

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?