BALTIMORE, April 10 /PRNewswire-FirstCall/ -- At its annual meeting
today, stockholders of T. Rowe Price Group, Inc. (Nasdaq: TROW) reelected
all nine nominees to the Board of Directors. Stockholders also approved a
charter amendment to increase the authorized shares of common stock of the
company from 500,000,000 to 750,000,000, and ratified the reappointment of
KPMG LLP as the Company's independent registered public accounting firm.
Founded in 1937, Baltimore-based T. Rowe Price is a global investment
management organization with $400 billion in assets under management as of
December 31, 2007. The organization provides a broad array of mutual funds,
subadvisory services, and separate account management for individual and
institutional investors, retirement plans, and financial intermediaries.
The organization also offers a variety of sophisticated investment planning
and guidance tools. T. Rowe Price's disciplined, risk-aware investment
approach focuses on diversification, style consistency, and fundamental
research. More information is available at http://www.troweprice.com.
SOURCE T. Rowe Price Group, Inc.
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Related links:
http://www.troweprice.com
CONTACT:
Brian Lewbart, +1-410-345-2242, Steven
Norwitz, +1-410-345-2124, or Robert Benjamin, +1-410-345-2205,
all of T. Rowe Price Group, Inc.
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