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Northern Trust Announces New Stock Repurchase Authorization

1. Northern Trust announces $2.5 billion stock repurchase authorization. 2. This could enhance shareholder value and support stock price.

+1.43%Current Return
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-0.26%S&P 500
$129.7807/28 05:03 PM EDTEvent Start

$131.6407/29 11:21 PM EDTLatest Updated
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FAQ

Why Very Bullish?

Stock buybacks typically signal strong management confidence, especially as they return capital to shareholders. Historically, such moves have led to positive price momentum in similar companies, such as when firms like Apple initiated buybacks, boosting their stocks significantly.

How important is it?

The announcement of a significant buyback program indicates a strong financial position and can attract investor interest, likely driving up demand for NTRS shares.

Why Short Term?

The immediate announcement of the buyback can trigger short-term price rebounds, evidenced by prior instances where stock prices rose following similar announcements within weeks.

Related Companies

CHICAGO--(BUSINESS WIRE)--On July 22, 2025, the Board of Directors (the “Board”) of Northern Trust Corporation (the “Corporation”) approved a new common stock repurchase authorization (the “New Stock Repurchase Authorization”) authorizing, but not obligating, the repurchase of up to $2.5 billion (the “Maximum Program Amount”) of the Corporation's outstanding shares of common stock from time to time. The New Stock Repurchase Authorization replaces the previously announced authorization approved.

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