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                              August 2, 2023

       Robert W. Sharps
       Chief Executive Officer and President
       T. Rowe Price Group, Inc.
       100 East Pratt Street
       Baltimore, MD 21202

                                                        Re: T. Rowe Price
Group, Inc.
                                                            Definitive Proxy
Statement on Schedule 14A
                                                            Filed March 21,
2023
                                                            File No. 000-32191

       Dear Robert W. Sharps:

               We have limited our review of your most recent definitive proxy
statement to those issues
       we have addressed in our comments. Please respond to these comments by
confirming that you
       will revise your future proxy disclosures in accordance with the topics
discussed below.

       Definitive Proxy Statement on Schedule 14A filed March 21, 2023

       Pay Versus Performance, page 72

   1.                                                   Refer to the adjustment
calculations in footnotes a - c to the pay versus performance table.
                                                        We note your use of the
term "LTI Awards" rather than "Stock Awards," as used in the
                                                        Summary Compensation
Table. If the use of this terminology represents a difference from
                                                        the amounts set forth
in the Summary Compensation Table, please ensure that your
                                                        disclosure clearly
describes both the difference and your authority therefor. Alternatively,
                                                        consider using the same
terminology used in the Summary Compensation Table.
   2.                                                   Also in footnotes a - c
of the pay versus performance table, please clarify that the amounts
                                                        in the row titled "Add
Change in Fair Value of LTI Awards Vested as of Vesting Date"
                                                        represent awards made
in prior fiscal years, if true.
   3.                                                   It appears that you
have included as net income in column (h) of your pay versus
                                                        performance table
amounts equal to the net income attributable to T. Rowe Price Group,
                                                        Inc. for each year
covered by the table. Please include net income (loss), as reported in
                                                        your audited GAAP
financial statements, in column (h) for all years covered by the table
                                                        as required by
Regulation S-K Item 402(v)(2)(v). Refer to Regulation S-K Compliance
                                                        and Disclosure
Interpretations Questions 128D.08 and 128D.09. Please also provide a
                                                        clear description of
the relationship between compensation actually paid and net income,
                                                        as opposed to "net
income attributable to T. Rowe Price Group, Inc," as required by
 Robert W. Sharps
T. Rowe Price Group, Inc.
August 2, 2023
Page 2
         Regulation S-K Item 402(v)(5)(ii). Please note that you may
voluntarily provide
         supplemental measures of compensation or financial performance, so
long as any
         additional disclosure is clearly identified as supplemental, not
misleading, and not
         presented with greater prominence than the required disclosure.
       Please contact Eric Envall at 202-551-3234 or Amanda Ravitz at
202-551-3412 with any
questions.



FirstName LastNameRobert W. Sharps                             Sincerely,
Comapany NameT. Rowe Price Group, Inc.
                                                               Division of
Corporation Finance
August 2, 2023 Page 2                                          Disclosure
Review Program
FirstName LastName