Reuters has announced that it will be implementing a capital reorganisation which will return £1.5 billion of surplus capital to shareholders. The reorganisation will involve the creation of a new holding company, Reuters Group PLC, which will then acquire Reuters Holdings PLC
The company said the return reflects the “continuing success” of its policy of focusing on its existing business and expects underlying revenue growth for 1997 to be around 8%.
Reuters: 0171 250 1122
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