Carnival Corp (CCL) Raises Buyback to $1B

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Carnival Corp. (NYSE: CCL) (NYSE: CUK) has repurchased two million shares of Carnival Corporation common stock valued at $78 million since the start of fiscal 2013, bringing the total amount purchased to date under the September 2007 $1 billion authorization to $835 million. Yesterday, the company's board of directors increased the remaining $165 million repurchase authorization to $1 billion.

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