ROYAL CARIBBEAN GROUP INITIATES SHARE REPURCHASE ACTIVITY
Portfolio Pulse from
Royal Caribbean Group has started repurchasing shares under its $1 billion share repurchase program, with $100 million already bought in open market transactions.
February 21, 2025 | 12:30 am
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Royal Caribbean Group has initiated a $1 billion share repurchase program, purchasing $100 million worth of shares in open market transactions.
The initiation of a share repurchase program often signals management's confidence in the company's future prospects and can lead to a positive impact on the stock price. The $100 million already repurchased indicates a strong start, likely boosting investor sentiment.
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