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T. Rowe Price Group, Inc.
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T. Rowe Price Group, Inc.

T. Rowe Price Group Authorizes 15 Million Share Repurchase

| 8-K |Financial Services

Summary

On December 4, 2024, T. Rowe Price Group, Inc.'s Board of Directors authorized an increase of 15 million shares in the Company's share repurchase program, bringing the total authorization to approximately 19 million shares. The repurchases may occur on the open market or through private transactions and are subject to market conditions and corporate requirements. The program does not have a specified expiration date and can be modified or terminated by the Company at any time.

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Share Repurchase Program Announced

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About T. Rowe Price Group, Inc.

T. Rowe Price Group, Inc. is a renowned investment management company providing an array of financial services globally. This asset's primary function is to manage mutual funds, retirement plans, and institutional investment strategies aimed at delivering consistent value over the long term. T. Rowe Price is particularly noted for its comprehensive research and disciplined approach to asset management, which underpins its commitment to delivering superior financial outcomes for its clients. The company caters to a diverse clientele, including individual investors, financial intermediaries, and institutions, across a range of investment solutions such as equity, fixed income, and multi-asset portfolios. With its headquarters in Baltimore, Maryland, and a history that dates back to its founding in 1937, T. Rowe Price has established itself as a significant player in the asset management industry. Its reputation for client-centered service and innovative investment solutions has cemented its role as a key contributor to global market dynamics.

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