filings.toolsItem 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
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Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is listed on The NASDAQ Stock Market LLC under the symbol “NTRS.” There were 1,713 shareholders of record as of January 31, 2020.
The following table shows certain information relating to the Corporation’s purchases of common stock for the three months ended December 31, 2019.
TABLE 2: PURCHASES OF COMMON STOCK IN THE FOURTH QUARTER OF 2019
| PERIOD | TOTAL NUMBER OF SHARES PURCHASED | AVERAGE PRICE PAID PER SHARE | TOTAL NUMBER OF SHARES PURCHASED AS PART OF A PUBLICLY ANNOUNCED PLAN(1) | MAXIMUM NUMBER OF SHARES THAT MAY YET BE PURCHASED UNDER THE PLAN | |||||
| October 1 - 31, 2019 | 1,078,712 | $ | 93.17 | 1,078,712 | 10,754,957 | ||||
| November 1 - 30, 2019 | 703,401 | 106.37 | 703,401 | 10,051,556 | |||||
| December 1 - 31, 2019 | 820,033 | 107.76 | 820,033 | 9,231,523 | |||||
| Total (Fourth Quarter) | 2,602,146 | $ | 101.34 | 2,602,146 | 9,231,523 |
(1) Repurchases were made pursuant to the repurchase program announced by the Corporation on July 17, 2018 under which the Corporation’s Board of Directors authorized the Corporation to repurchase up to 25.0 million shares of the Corporation's common stock. The repurchase program has no expiration date.
| 2019 Annual Report | Northern Trust Corporation 29 |
COMPARISON OF FIVE-YEAR CUMULATIVE TOTAL RETURN
The graph below compares the cumulative total stockholder return on the Corporation’s common stock to the cumulative total return of the S&P 500 Index and the KBW Bank Index for the five fiscal years ended December 31, 2019. The cumulative total stockholder return assumes the investment of $100 in the Corporation’s common stock and in each index on December 31, 2014 and assumes reinvestment of dividends. The KBW Bank Index is a modified-capitalization-weighted index made up of 24 of the largest banking companies in the United States. The Corporation is included in the S&P 500 Index and the KBW Bank Index.
Total Return Assumes $100 Invested on
December 31, 2014 with Reinvestment of Dividends
| DECEMBER 31, | ||||||||||||||||||
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |||||||||||||
| Northern Trust | $ | 100 | $ | 109 | $ | 138 | $ | 157 | $ | 134 | $ | 175 | ||||||
| S&P 500 | 100 | 101 | 114 | 138 | 132 | 174 | ||||||||||||
| KBW Bank Index | 100 | 100 | 129 | 153 | 126 | 172 |
| 30 2019 Annual Report | Northern Trust Corporation |
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