Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) finalized the price at which it will, as previously announced, repurchase 3.5 million shares of common stock held by Awilhelmsen AS (Awilhelmsen). The repurchase price per share will be $67.45, which is equal to the price paid by a financial institution to Awilhelmsen in connection with its sale of 3.5 million shares conducted yesterday November 3, 2014 pursuant to Rule 144 of the Securities Act. The repurchase is expected to close on November 6, 2014.
The last reported sale price of Royal Caribbean Cruises Ltd (RCL) common stock on November 3, 2014 was $68.40 per share.
Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) is a global cruise vacation company that owns Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises and CDF Croisieres de France, as well as TUI Cruises through a 50 percent joint venture. Together, these six brands operate a combined total of 42 ships with an additional 7 under construction contracts. They operate diverse itineraries around the world that call on approximately 490 destinations on all seven continents. Additional information can be found on www.royalcaribbean.com, www.celebritycruises.com, www.pullmantur.es, www.azamaraclubcruises.com, www.cdfcroisieresdefrance.com or www.rclinvestor.com.
Awilhelmsen is a privately owned investment company located in Oslo, Norway. Awilhelmsen was established in 1939, and was one of three founders of Royal Caribbean Cruises Ltd. in 1968. Awilhelmsen currently has the following business areas: Cruise Vacations, Real Estate, Shipping & Offshore, Retail, and Financial Investments.
SOURCE: Royal Caribbean Cruises Ltd.