Company: TROW
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047751
Chunk: 2

Company: PRICE T ROWE GROUP INC
Filing Date: 2025-10-31
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 third 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                                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  July 1 - July 31                                        222,504             $103.29                                 220,000      14,805,865  
  August 1 - August 31                                    525,056             $106.74                                 514,565      14,291,300  
  September 1 - September 30                              747,590             $104.99                                 722,923      13,568,377  
  Total                                                 1,495,150             $105.35                               1,457,488                  

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 third quarter of 2025, 37,662 were related to shares surrendered in connection with employee stock option exercises and no 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                   25,865         (25,865)                  
  December 2024            15,000,000      (1,431,623)      13,568,377  
                           15,025,865      (1,457,488)      13,568,377  

Item 3. Defaults Upon Senior Securities.