Results of Annual
General Meeting and Share Repurchase Program
MIAMI (April 12, 2018) - Carnival Corporation & plc
(NYSE/LSE: CCL; NYSE: CUK) held its annual shareholders' meetings
this week in New York, New York,
and has announced that all of the resolutions recommended by the
Boards of Directors were passed at the annual general meetings.
The results of the polls conducted at the annual general
meetings will be available on the Carnival Corporation & plc
website at www.carnivalcorp.com and www.carnivalplc.com.
Carnival Corporation & plc is committed to increasing
shareholder returns through a combination of dividend distributions
and share repurchases. In line with that policy, and as
previously announced, on April 10,
2018 the Boards of Directors approved a modification of the
general authorization under the share repurchase programme, which
replenished the remaining authorized purchases remaining at the
time of approval to US$1 billion, covering both Carnival
Corporation common stock and Carnival plc ordinary shares (the
“Programme”).
The purpose of the Programme is to reduce share capital as part
of our commitment to increasing shareholder returns through the
repurchase of both Carnival Corporation common stock and Carnival
plc ordinary shares. As part of the Programme, we have
entered into arrangements with brokers to continue to repurchase
Carnival plc ordinary shares, subject to certain pre?set
parameters, through July 10, 2019 (in
line with the share repurchase authority granted at the 2018 annual
general meetings). In accordance with that authority, the
maximum number of Carnival plc ordinary shares to be
repurchased is 20,934,527 shares. The Programme may continue during
any closed periods of which may fall during this period.
All Carnival plc ordinary shares repurchased under the
Programme will be held in treasury.