** Shares of investment management firm T. Rowe Price Group TROW.O rise as much as 1.6%, last up 1.2% at $124.48
** TROW approves 15 mln share increase to its existing buyback authorization
** Total repurchase authorization will be about 19 mln shares following the increase — TROW
** TROW may repurchase shares in the open market or in privately negotiated transactions
** As of last close, TROW shares up 14.2% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
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