T. Rowe Price said its Board of Directors approved on December 4, 2024 an increase of 15 million shares in the company's authorization to repurchase common stock.

8-KOther EventsFiled Dec 5, 2024Period of report Dec 4, 2024Summary published (UTC) Oct 25, 2026

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T. Rowe Price said its Board of Directors approved on December 4, 2024 an increase of 15 million shares in the company's authorization to repurchase common stock.
The company said that following the increase, as of December 4, 2024, the total repurchase authorization will be approximately 19 million shares of its outstanding common stock.
The company said repurchases may be made from time to time on the open market, in privately negotiated transactions, or in other ways it determines, including through plans complying with Rule 10b5-1. It said repurchases will be based on factors such as price, corporate requirements and overall market conditions.
The company said there is no assurance as to the number of shares it will repurchase, and the program may be increased, modified, renewed, suspended or terminated without prior notice. It also said the program has no expiration date.

Summary

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Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

T. Rowe Price Raises Share Repurchase Authorization by 15 million Shares

T. Rowe Price said its Board of Directors approved on December 4, 2024 an increase of 15 million shares in the company's authorization to repurchase common stock.

Source · Based on the filing body and exhibits

Total Repurchase Authorization Rises to About 19 million Shares

The company said that following the increase, as of December 4, 2024, the total repurchase authorization will be approximately 19 million shares of its outstanding common stock.

Source · Based on the filing body and exhibits

Repurchases Via Open Market, Private Deals and Rule 10b5-1 Plans

The company said repurchases may be made from time to time on the open market, in privately negotiated transactions, or in other ways it determines, including through plans complying with Rule 10b5-1. It said repurchases will be based on factors such as price, corporate requirements and overall market conditions.

Source · Based on the filing body and exhibits

No Assurance of Repurchase Volume; No Expiration Date

The company said there is no assurance as to the number of shares it will repurchase, and the program may be increased, modified, renewed, suspended or terminated without prior notice. It also said the program has no expiration date.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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