Published May 6, 2015 9:43am EDT | Updated May 21, 2015 1:32pm EDT

Thomson Reuters's Stock Gains After Announcement Of New Stock Buyback

Thomson Reuters Corp.'s stock tacked on 0.4% in early trade Wednesday after the news and financial data company announced a new $1 billion stock buyback program to be completed by the end of 2016. The company said its previous $1 billion buyback program, announced in July 2014 to last through the end of 2015, has been substantially completed. The stock has gained 1.6% so far this year, in line with the S&P 500's 1.5% advance.