ROYAL CARIBBEAN GROUP INITIATES SHARE REPURCHASE ACTIVITY

Core Viewpoint - Royal Caribbean Group has initiated a $1.0 billion share repurchase program, having already purchased$100 million worth of shares in open market transactions [1]. Company Overview - Royal Caribbean Group is a leader in the vacation industry, operating a global fleet of 67 ships across five brands, serving millions of guests annually [2]. - The company aims to deliver exceptional vacation experiences responsibly and is known for its innovative products and guest experiences [2]. - Royal Caribbean Group also has a 50% stake in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises [2]. Share Repurchase Program Details - The share repurchase program allows for purchases in the open market, privately negotiated transactions, or through other methods, subject to market conditions and applicable laws [3]. - The company is not obligated to repurchase any specific dollar amount or number of shares, and repurchases may be suspended or discontinued at any time [3].