Buyback Radar
Company reports

Northern Trust

NTRS

Northern Trust has retired 24.4% of its shares since 2010, from 242,099,960 to 182,955,653.

24.4%retired since 2010
11.9%last 5 years
3.3%last 12 months
183Mshares today
Shares outstanding, 1999 to todaysplit adjusted, from SEC filings
242M shares, 2010183M200020052010201520202025
1999, 226,346,7742026-06-30, 182,955,653
A share bought in 1999
1.2× more of Northern Trust today, without buying another share. It was one of 226,346,774 shares then. It is one of 182,955,653 now.
Every filing we read27 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
19992000-02-10226,346,77410-Kcover page
20002001-02-12226,346,77410-Kcover page
20012002-02-12221,643,65910-Kcover page
20022003-02-13220,977,14810-Kcover page
20032004-03-01220,409,69610-Kcover page
20042005-02-28218,699,05610-Kcover page
20052006-02-27217,936,55910-Kcover page
20062007-02-26219,280,82010-Kcover page
20072007-12-31220,608,83410-K
20082008-12-31223,263,13210-K
20092010-02-24241,804,51810-K
20102011-02-28242,099,96010-K
20112012-02-29241,114,97610-K
20122013-02-28239,157,28210-K
20132014-02-18237,309,75510-K
20142015-01-31233,486,70410-K
20152016-01-31228,984,16110-K
20162017-01-31228,791,96110-K
20172018-01-31226,325,85110-K
20182019-01-31218,411,77310-K
20192020-01-31209,247,66610-K
20202021-01-31208,314,38110-K
20212022-01-31207,898,32910-K
20222023-01-31208,196,93510-K
20232024-01-31204,841,51510-K
20242025-01-31195,697,74410-K
20252026-01-31185,827,80310-K

Source: all 10-K filings of Northern Trust on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, fiscal 2011 to 2025cash flow statement against share count
$7.6Bspent on buybacks
56Mfewer shares outstanding
4.2%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $165.54.

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Northern Trust buybacks, answered

Is Northern Trust buying back its stock?

Yes. Northern Trust has 3.3% fewer shares outstanding than twelve months ago, 182,955,653 as of June 30, 2026. Over five years the share count is down 11.9%.

How many shares has Northern Trust bought back?

Net of every new share it issued, Northern Trust has 59.1 million fewer shares than at its 2010 peak. That is 24.4% of the company.

How many shares does Northern Trust have outstanding?

182,955,653 shares, as of June 30, 2026, from the cover page of its latest 10-Q. At the 2010 peak it had 242,099,960.

What do Northern Trust's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Northern Trust stock in 2010 owns 1.3 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Northern Trust compare with other cannibal stocks?

Northern Trust ranks No. 333 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Hexcel (24.6%), Yext (24.6%), Wyndham Hotels & Resorts (24.2%), Everforth (24.1%).

Every answer is computed from Northern Trust's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Superinvestors who own it

Donald YacktmanYacktman Asset Management9,500 shares, $1.7M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

Moritz Robert Edward Jr.Director2026-07-29, 255 shares at $179.57 $46K total
Moritz Robert Edward Jr.Director2026-05-01, 225 shares at $166.41 $37K total
Petrino RichardDirector2026-02-05, 1,000 shares at $148.91 $149K total
Moritz Robert Edward Jr.Director2026-02-02, 245 shares at $151.85 $37K total
Moritz Robert Edward Jr.Director2025-11-04, 3,891 shares at $128.57 $500K total
Moritz Robert Edward Jr.Director2025-10-27, 270 shares at $126.66 $34K total

The story

The numbers say what happened. The story says whether it can continue. We cover companies like Northern Trust in depth on Cannibal Stocks.

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