Royal Caribbean Cruises Ltd. $RCL Shares Purchased by Bank of Montreal Can

robot
Abstract generation in progress

Bank of Montreal Can has increased its stake in Royal Caribbean Cruises Ltd. (NYSE:RCL) by 11.1%, now owning 213,370 shares valued at approximately $69 million. Despite significant insider selling over the past 90 days, institutional investors collectively own 87.53% of the stock. Royal Caribbean has also authorized a $2.0 billion share buyback and raised its quarterly dividend to $1.50 per share.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin