FAQ: Northern Trust's New Stock Repurchase Authorization

What is the New Stock Repurchase Authorization announced by Northern Trust?

The New Stock Repurchase Authorization allows Northern Trust Corporation to buy back up to $2.5 billion of its outstanding common stock, replacing the previous authorization from October 2021.

Why is the New Stock Repurchase Authorization significant?

It signifies Northern Trust’s financial health and strategic flexibility, enabling the company to invest in itself by repurchasing shares when market conditions and regulations permit.

How will Northern Trust acquire shares under the New Stock Repurchase Authorization?

Shares will be acquired through open market transactions, block trades, privately negotiated transactions, and/or pursuant to any trading plan adopted by the Corporation’s management in accordance with federal securities laws.

Who is affected by the New Stock Repurchase Authorization?

Shareholders and potential investors of Northern Trust Corporation are directly affected, as the repurchase can influence the stock’s market price and the company’s capital structure.

When does the New Stock Repurchase Authorization take effect?

The authorization was approved by the Board of Directors on July 22, 2025, and has no expiration date, allowing repurchases to occur as deemed appropriate by the Corporation.

Where is this repurchase authorization applicable?

The repurchase authorization is applicable to Northern Trust Corporation’s outstanding shares of common stock, with transactions potentially occurring in various markets where the stock is traded.

What are the implications of the New Stock Repurchase Authorization for Northern Trust?

The authorization provides Northern Trust with the flexibility to manage its capital structure efficiently, potentially enhancing shareholder value through strategic share repurchases.

How does the New Stock Repurchase Authorization compare to the previous one?

The new authorization replaces the previous one from October 2021, increasing the repurchase capacity to $2.5 billion and removing the expiration date, offering greater flexibility.

What should shareholders know about the New Stock Repurchase Authorization?

Shareholders should be aware that the authorization does not obligate Northern Trust to repurchase any specific amount of shares and that repurchases will depend on various factors including market conditions.

Who can I contact for more information about the New Stock Repurchase Authorization?

For more information, stakeholders can visit Northern Trust’s official website or follow their updates on social media platforms like Instagram and LinkedIn.