Business

Carnival announces stock repurchase, dividend

 

hsampson@MiamiHerald.com

Cruise giant Carnival Corp. & plc said Thursday that it had renewed its authorization to repurchase up to $1 billion of stock and declared a quarterly dividend of $.25 per share.

The Miami-based company said it had already repurchased two million shares of Carnival Corporation common stock, valued at $78 million, since the start of the fiscal year. The company’s board of directors on Wednesday increased repurchase authorization from the remaining $165 million to $1 billion.

Read more Business stories from the Miami Herald

Miami Herald

Join the
Discussion

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Videos

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category