T. Rowe Price Files 8-K Report
Ticker: TROW · Form: 8-K · Filed: Dec 5, 2024 · CIK: 1113169
Sentiment: neutral
Topics: regulatory-filing, sec-filing
Related Tickers: TROW
TL;DR
TRP filed an 8-K, looks like routine stuff.
AI Summary
On December 4, 2024, T. Rowe Price Group, Inc. filed an 8-K report. The filing is categorized under 'Other Events' and does not appear to disclose specific financial transactions or material business developments beyond its routine reporting.
Why It Matters
This filing indicates T. Rowe Price Group, Inc. is fulfilling its regulatory reporting obligations with the SEC.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report for 'Other Events' and does not contain information that suggests immediate risk.
Key Players & Entities
- T. Rowe Price Group, Inc. (company) — Registrant
- Maryland (location) — State of incorporation
- December 4, 2024 (date) — Date of earliest event reported
FAQ
What is the primary purpose of this 8-K filing for T. Rowe Price Group, Inc.?
The primary purpose of this 8-K filing is to report under the 'Other Events' category, indicating a routine regulatory disclosure.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is December 4, 2024.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 of the Securities Exchange Act of 1934.
What is the principal executive office address of T. Rowe Price Group, Inc.?
The principal executive office address of T. Rowe Price Group, Inc. is 100 East Pratt Street, Baltimore, Maryland 21202.
Does this filing disclose any specific financial transactions or material business developments?
Based on the provided information, this filing is categorized under 'Other Events' and does not appear to disclose specific financial transactions or material business developments.
Filing Stats: 522 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-12-05 07:24:09
Key Financial Figures
- $0.20 — ich registered Common Stock, par value $0.20 TROW The NASDAQ Stock Market LLC (Nasd
Filing Documents
- trow-20241204.htm (8-K) — 20KB
- 0001113169-24-000033.txt ( ) — 139KB
- trow-20241204.xsd (EX-101.SCH) — 2KB
- trow-20241204_lab.xml (EX-101.LAB) — 21KB
- trow-20241204_pre.xml (EX-101.PRE) — 12KB
- trow-20241204_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On December 4, 2024, the Board of Directors of T. Rowe Price Group, Inc. (the "Company"), approved a 15 million share increase in the Company's authorization to repurchase shares of its common stock. Following this increase, as of December 4, 2024, the total repurchase authorization will be approximately 19 million shares of the Company's outstanding common stock. Repurchases may be effected from time to time on the open market or in privately negotiated transactions, or in such other manner as determined by the Company including through plans complying with Rule 10b5-1 under the Exchange Act, based on a variety of factors such as price, corporate requirements, and overall market conditions. There can be no assurance as to the number of shares the Company will purchase, if any. The share repurchase program may be increased or otherwise modified, renewed, suspended, or terminated by the Company at any time, without prior notice. The share repurchase program does not have an expiration date.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. T. Rowe Price Group, Inc. By: /s/ David Oestreicher Vice President, General Counsel and Secretary Date: December 5, 2024