Northern Trust to redeem Series D preferred depositary shares at USD 1,000 each on Oct. 1, 2026

Reuters2026/08/03 20:58

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Northern Trust will redeem all 5,000 shares of its Series D Non-Cumulative Perpetual Preferred Stock on Oct. 1, 2026.
Redemption includes 500,000 depositary shares, each representing 1/100th of a Series D preferred share.
Depositary shares will be redeemed at USD 1,000 per share; the payment excludes a USD 23 quarterly dividend.
The USD 23 dividend will be paid on Oct. 1, 2026 to holders of record as of Sept. 15, 2026.
No further dividends will be declared or paid on the Series D preferred stock following the redemption date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northern Trust Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260803780815) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Northern Trust to redeem Series D preferred depositary shares at USD 1,000 each on Oct. 1, 2026

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