Royal Caribbean Approves Up to $2 Billion Stock Buyback Plan

MT Newswires Live12-10

Royal Caribbean (RCL) said Wednesday the board has authorized the buyback of up to $2 billion of its common shares.

CFO Naftali Holtz said that with the completion of the previous $1 billion stock buyback plan and the retirement of 3.5 million shares, the company has returned $1.90 billion to shareholders via dividends and share repurchases since July 2024.

Price: 247.42, Change: -0.90, Percent Change: -0.36

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