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.
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.
Carnival plc ordinary shares repurchased under the Programme will be held