Company: TROW
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001113169-25-000023
Chunk: 2

Company: PRICE T ROWE GROUP INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part II, Item 2
Chunk 2
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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

(c) Repurchase activity during the second quarter of 2025 is as follows:

  Month                   Total Number of                       Average Price      Total Number of                                     
                          Shares Purchased                     Paid per Share      Shares Purchased as                                 
                                                                                   Part of Publicly                                    
                                                                                   Announced Program                                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  April 1 - April 30                              754,746              $87.22                                 750,000      15,485,865  
  May 1 - May 31                                  261,218              $93.63                                 260,000      15,225,865  
  June 1 - June 30                                214,445              $94.00                                 200,000      15,025,865  
  Total                                         1,230,409              $89.76                               1,210,000                  

Shares repurchased by us in a quarter may include repurchases conducted pursuant to publicly announced board authorization, outstanding shares surrendered to us to pay the exercise price in connection with swap exercises of employee stock options, and shares withheld to cover the minimum tax withholding obligation associated with the vesting of restricted stock awards. Of the total number of shares purchased during the second quarter of 2025, 17,708 were related to shares surrendered in connection with employee stock option exercises and 2,701 shares were withheld to cover tax withholdings associated with the vesting of restricted stock awards.

The following table details the changes in and status of the Board of Directors’ outstanding publicly announced board authorizations.

  Authorization Dates                                                   
 ────────────────────────────────────────────────────────────────────────
  March 2020                1,235,865      (1,210,000)          25,865  
  December 2024            15,000,000                       15,000,000  
                           16,235,865      (1,210,000)      15,025,865  

Item 3. Defaults Upon Senior Securities.