other material
confidence high
sentiment neutral
materiality 0.30
Franklin Resources enters 10b5-1 repurchase plan with Morgan Stanley; ~30.9M shares remain authorized
FRANKLIN RESOURCES INC
- Share repurchase agreement under Rule 10b5-1 effective January 3, 2022.
- Plan expected to be completed by June 30, 2022; shares purchased depend on price.
- Repurchases under existing authorization with 30,867,872 remaining authorized shares.
- Consistent with previously disclosed approach to share repurchases.