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T. Rowe Price Group Inc (TROW.O)

TROW.O on Nasdaq

74.12USD
22 Jul 2016
Change (% chg)

$0.24 (+0.32%)
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$73.88
Open
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Volume
977,014
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$79.22
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Latest Key Developments (Source: Significant Developments)

T. Rowe Price Group says to compensate clients for Dell voting error
Monday, 6 Jun 2016 02:12pm EDT 

T. Rowe Price Group Inc : Will pay up to about $194 million to compensate certain clients for a proxy voting error firm made in connection with 2013 leveraged buyout of dell . At time of 2013 dell buyout, investment team held a strong view that merger consideration of $13.75/share offered by dell significantly undervalued co . Several t. Rowe price funds, trusts, clients subsequently filed petition with delaware court to seek fair value appraisal for their dell shares . Expects to record one-time charge, which is expected to reduce net income, after tax, by about $0.46 in diluted eps in q2 .Company will fund payments from available cash.  Full Article

T. Rowe Price Group Inc declares quarterly dividend
Wednesday, 27 Apr 2016 12:29pm EDT 

T. Rowe Price Group Inc:Board of Directors has declared a quarterly dividend of $0.54 per share.Payable on June 29 to stockholders of record date as of June 15.  Full Article

T. Rowe Price Group Inc declares quarterly dividend
Wednesday, 17 Feb 2016 12:12pm EST 

T. Rowe Price Group Inc:Board of Directors has declared a quarterly dividend of $0.54 per share.Payable on March 30 to stockholders of record date as of March 16.Quarterly dividend rate represents a 4% increase over the previous quarterly dividend rate of $0.52 per share.  Full Article

T. Rowe Price Group Inc declares quarterly dividend
Thursday, 13 Aug 2015 10:11am EDT 

T. Rowe Price Group Inc:Board of Directors has declared a quarterly dividend of $0.52 per share.Payable on Sept. 29.Record date as on Sept. 15.  Full Article

T. Rowe Price Group announces management changes
Wednesday, 6 May 2015 08:50am EDT 

T. Rowe Price Group Inc:Says James A.C. Kennedy, CEO and president, to step down effective Dec. 31.William J. Stromberg, to succeed James A.C. Kennedy.William J. Stromberg to become president and CEO effective Jan. 1, 2016.  Full Article

T. Rowe Price Group Inc declares quarterly dividend
Thursday, 23 Apr 2015 01:10pm EDT 

T. Rowe Price Group Inc:Declared a quarterly dividend of $0.52 per share payable June 29, to stockholders of record as of the close of business on June 15.  Full Article

T. Rowe Price Group Inc declares special and quarterly cash dividends
Thursday, 19 Feb 2015 11:34am EST 

T. Rowe Price Group Inc:Says Board has declared a special cash dividend of $2.00 per share payable April 23, to stockholders of record as of the close of business on April 9.Says Board declared a quarterly dividend of $0.52 per share payable March 30, to stockholders of record as of the close of business on March 16.  Full Article

T. Rowe Price launches two new bond funds
Wednesday, 18 Feb 2015 10:30am EST 

T. Rowe Price:Launches the Global Unconstrained Bond Fund and the Global High Income Bond Fund, building on the firm's well-established fixed income franchise.Two new funds are designed to help long-term investors navigate increasingly uncertain fixed income markets, which are characterized today by unprecedented low yields, uncertainty surrounding interest rates, and diverging global monetary policies.While both funds were created to play supporting roles in an investor's portfolio, the Global Unconstrained Bond Fund focuses more on downside protection, while the Global High Income Bond Fund focuses more on capturing upside potential.  Full Article

T. Rowe Price Group announces increase in stock repurchase authorization
Thursday, 11 Dec 2014 01:31pm EST 

T. Rowe Price Group, Inc:Approved 15 million share increase in the company's authorization to repurchase its common stock.Brings the total repurchase authorization to 20.9 million shares.  Full Article

T. Rowe Price Group Inc declares quarterly dividend
Wednesday, 22 Oct 2014 09:33am EDT 

T. Rowe Price Group Inc:Declared quarterly dividend of $0.44 per share.Payable Dec. 30 to stockholders of record as of close of business on Dec. 16.  Full Article

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