CARNIVAL Corporation has renewed its authorisation for the repurchase of up to US$1 billion of its common stock and declared a quarterly dividend of US$0.25 per share. Since the beginning of the fiscal year 2013 the company has repurchased 2 million shares of common stock valued at US$78m, bringing the...
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CARNIVAL Corporation has renewed its
authorisation for the repurchase of up to US$1
billion of its common stock and declared a
quarterly dividend of US$0.25 per share.
Since the beginning of the fiscal year 2013
the company has repurchased 2 million shares
of common stock valued at US$78m, bringing
the total amount purchased to date under the
2007 US$1b authorisation to $835m.
This week, the company’s board increased
the remaining US$165m repurchase
authorisation to US$1b.
“Our ongoing share repurchase program
demonstrates our continued confidence in the
earnings power of our global brands,” said
Micky Arison, Carnival Corp ceo.
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