05:28 PM EDT, 07/28/2025 (MT Newswires) -- Northern Trust ( NTRS ) said late Monday its board authorized a new $2.5 billion share buyback program.

The new authorization replaces an earlier one, which had almost 4.8 million shares of remaining purchase capacity, according to a statement.

The new repurchase program has no expiry date, the company said.

Shares gained 0.3% during after-hours trading.