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RCL Royal Caribbean Group

138.0783
0.6983 (0.51%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Royal Caribbean Group NYSE:RCL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.6983 0.51% 138.0783 140.94 137.99 138.68 2,090,876 01:00:00

Awilhelmsen Announces Sale Of 3.6 Million Shares Of Royal Caribbean To Facilitate Family Transaction

15/12/2016 11:55am

PR Newswire (US)


Royal Caribbean (NYSE:RCL)
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OSLO, Norway, Dec. 15, 2016 /PRNewswire/ -- Awilhelmsen AS announced today that it has sold 3.6 million shares of common stock of Royal Caribbean Cruises Ltd. (NYSE: RCL) to a financial institution in a market transaction pursuant to Rule 144 of the Securities Act.  Following this sale, Awilhelmsen, together with its affiliates, continues to beneficially own approximately 14% of RCL's outstanding common stock.

"This sale of shares enables Awilhelmsen to complete a transaction with its owning families, while maintaining its significant position as the largest shareholder of RCL," said Sigurd E. Thorvildsen, its chief executive officer.

Awilhelmsen is a privately owned investment company located in Oslo, Norway.  Awilhelmsen was established in 1939, and was one of three founders of Royal Caribbean Cruises Ltd. in 1968.  Awilhelmsen currently has the following business areas: Cruise Vacations, Real Estate, Shipping & Offshore, Retail and Financial Investments.


Copyright 2016 PR Newswire

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