04 Nov 2014
Royal Caribbean has finalizes the price that it will repurchase 3.5 million shares of stock that are held by Awilhelmsen AS (Awilhelmsen). Awilhelmsen is a privately owned investment company that was one of three founders of Royal Caribbean Cruises Ltd. in 1968.
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.
