Other

Share Repurchase Program, Excise Tax

Northern Trust Share Repurchase Program, Excise Tax decreased by 39.3% to $1.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $1.60M to $1.70M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalLower is better
VolatilityModerate
First reportedQ3 2023
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase indicates higher levels of share buyback activity, which may signal management's confidence in the stock or a strategy to return capital.

Detailed definition

This represents the federal excise tax incurred on the net value of corporate stock repurchases. It reflects the regulat...

Peer comparison

Standardized across US public companies subject to the Inflation Reduction Act excise tax provisions.

Metric ID: other_share_repurchase_program_excise_tax

Historical Data

8 periods
 Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$1.10M$500.00K$2.40M$3.00M$1.60M$3.00M$2.80M$1.70M
QoQ Change-54.5%+380.0%+25.0%-46.7%+87.5%-6.7%-39.3%
YoY Change+172.7%+220.0%+25.0%-6.7%+6.3%
Range$500.00K$3.00M
CAGR+28.2%
Avg YoY Growth+83.5%
Median YoY Growth+25.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is Northern Trust's share repurchase program, excise tax?
Northern Trust (NTRS) reported share repurchase program, excise tax of $1.70M in Q1 2026.
How has Northern Trust's share repurchase program, excise tax changed year-over-year?
Northern Trust's share repurchase program, excise tax increased by 6.3% year-over-year, from $1.60M to $1.70M.
What does share repurchase program, excise tax mean?
The tax paid by a company on the value of its share repurchases.