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Royal Caribbean Cruises Finalizes Pricing for Share Repurchase

  • November 4, 2014

Royal Caribbean Cruises Ltd. finalized the price at which it will, as previously announced, repurchase 3.5 million shares of common stock held by Awilhelmsen AS (Awilhelmsen).

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.

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