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Stock impact report

T. Rowe Price Investment Management to back Starboard in Autodesk proxy fight, source says [Yahoo! Finance Canada]

Qorvo, Inc. (QRVO) 
Last qorvo, inc. earnings: 1/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.qorvo.com/investor-relations
Rowe Price Investment Management, one of Autodesk's biggest investors, plans to vote for activist investor Starboard Value's director nominees in a boardroom challenge at the software-design company, a person familiar with the matter told Reuters. T. Rowe Price Investment Management owned 1.08% of Autodesk's stock at the end of the fourth quarter of 2024 and ranked as its 14th biggest holder, according to LSEG data. The source, who was not permitted to speak publicly about the decision, did not provide a reason for backing Starboard or why a decision had been made months before the vote in June and even before final proxy materials have been filed with regulators. T. Rowe Price and Autodesk representatives declined to comment while a representative for Starboard could not be immediately reached for comment. T. Rowe Price Investment Management is part of the T. Rowe Price Group mutual fund complex, which oversees $1.6 trillion in assets. It is separate, however, from T. Rowe Pr Show less Read more
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