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Royal Caribbean Cruises (NYSE:RCL) Director Sells $31,802,595.18 in Stock
Royal Caribbean Cruises (NYSE:RCL) Director Arne Alexander Wilhelmsen sold 101,902 shares of the company’s stock on February 19th for over $31.8 million, following other sales earlier in the month totaling approximately $156.6 million. Despite these sales, Wilhelmsen retains a significant direct ownership of over 17.6 million shares valued at about $5.52 billion. The company recently increased its quarterly dividend and authorized a $2.0 billion share buyback program.