Royal Caribbean Cruises (NYSE:RCL) Director Arne Alexander Wilhelmsen Sells 100,000 Shares

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Royal Caribbean Cruises Director Arne Alexander Wilhelmsen sold 100,000 shares on February 13th and 180,000 shares on February 17th, totaling approximately $91.17 million, yet he still retains significant holdings. The company also announced a $2.0 billion share buyback program and increased its quarterly dividend to $1.50 per share. Royal Caribbean reported quarterly EPS of $2.80 and revenue of $4.26 billion, with the stock currently trading near $319 and a consensus “Moderate Buy” rating from analysts.

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