Carnival plc

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  • 3,659.00p
  • 1.00p (0.03%)

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Carnival share price: details of share repurchase announced

Carnival share price: details of share repurchase announced

Carnival plc has this morning announced details of its share repurchases.

August 2018

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About Carnival plc

Carnival plc (LON:CCL) is a global cruise company and one of the world’s largest vacation companies operating in two geographical areas: North America and Europe, and Australia and Asia. It has eleven brands that include Carnival Cruise Lines, Princess Cruises, Carnival Cruise Lines, AIDA Cruises, Ibero Cruises, Costa Cruises, P&O Cruises and Cunard, among others.
Besides these brands, which are the most recognized cruise brands in North America, the United Kingdom, Italy and Germany, Carnival plc has a Cruise Support segment that operates the company’s port and related facilities.
Carnival plc is listed on the London Stock Exchange where it a constituent of the FTSE 100 blue-chip index. Carnival plc and Carnival Corporation (NYSE:CCL) operate a dual listed company, whereby the businesses of Carnival Corporation and Carnival plc are combined and they function as a single economic entity.
With approximately 91,000 employees, Carnival Corporation & plc operates a fleet of some 100 ships. Another seven vessels have been scheduled for delivery between 2013 and 2016. Arnold W. Donald is President and Chief Executive Officer. Micky Arison is Chairman of the Board. Carnival Corporation and plc has its headquarters in London, United Kingdom and Miami, Florida.
The foundation for the company was laid in 1972 when its flagship brand, Carnival Cruise Lines, was formed by Ted Arison. It made an initial public offering of 20 percent of its shares in 1987. In 1993 the company changed its name to Carnival Corporation. In 2003, as a result of the merger between Carnival Corporation and P&O Princess Cruises, Carnival plc was set up. It was agreed that P&O Princess would remain as a separate company, with a predominantly British shareholder body. P&O Princess was subsequently relisted as Carnival plc.

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