NORTHERN TRUST CORP — Form 8-K
Filed August 3, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 18/100
What the filing says
Northern Trust will redeem all 5,000 outstanding shares of Series D Non-Cumulative Perpetual Preferred Stock (500,000 Depositary Shares) on October 1, 2026, at $1,000 per Depositary Share, totaling $500 million in redemption proceeds. A final quarterly dividend of $23 per Depositary Share will be paid on the Redemption Date. The Depositary Shares are held through DTC and will be redeemed following standard procedures.
Why this rating
Routine capital management; $500M redemption is ~2% of $24.1B market cap. No new financing announced; cash deployment already disclosed in capital structure.
See more from August 3, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.