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Stock impact report

T. Rowe Price Chairman Brian Rogers To Retire From Board In April 2019; CEO William Stromberg To Assume Chairman Role

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Company Research Source: PR Newswire
BALTIMORE, Feb. 13, 2019 /PRNewswire/ -- NEWSThe Board of Directors of T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that Brian C. Rogers, non-executive chairman, will retire from the Board at the company's upcoming April 25, 2019 annual meeting of stockholders. At that time, William J. Stromberg will become chairman of the Board, in addition to continuing as president and CEO of the firm.In addition, the Board declared a quarterly dividend of $0.76 per share payable March 29, 2019 to stockholders of record as of the close of business on March 15, 2019. The quarterly dividend rate represents an 8.6% increase over the previous quarterly dividend rate of $0.70 per share. This will mark the 33rd consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend.The Board also approved a 10 million share increase in the company's authorization to repurchase its common stock. This brings the total repurchase authorizatio Show less Read more
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