August 27, 2009 (FinancialWire) — Northern Trust Corp. (NASDAQ: NTRS) said it repurchased for $87 million the warrant issued to the U.S. Treasury to purchase around 3.8 million shares of common stock as part of the TARP Capital Purchase Program.

In June, Northern Trust repurchased the 1.576 million shares of its preferred stock, which had been issued to the U.S. Treasury as part of the program.

With the repurchase of the warrant, Northern Trust will have paid to the U.S. Treasury more than $1.709 billion, which includes the repurchase of the preferred stock and the warrant together with all dividends paid on the preferred stock.

Chicago-based Northern Trust is a provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide.

The company has offices in 18 U.S. states and 15 international locations in North America, Europe, the Middle East and the Asia-Pacific region.

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