US and UK-quotedcruise giant Carnival Corp on Thursday announced the renewal of a programmethat allows it to repurchase up to $1bn worth of own common stock.
In a statement, thecompany said it has already picked up two million shares since the start offiscal 2013 at a cost of $78m.
Prior to a blessingfrom the board, Carnival had enough leftover ammunition to shell out $165m undera billion-dollar scheme that began in September 2007.
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