Independent journal on economy and transport policy
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Norwegian Cruise Line announces the extension of the period of the program of buys back of actions own
It will be carried to term within on April 29, 2020
May 2, 2017
The crocieristico group Norwegian Cruise Line Holdings (NCLH) has announced the extension of the period of the triennial program of buys back of actions own, program that a total value of 500 million dollars has and that it would have had to be carried to term within past saturday. The group has explained that instead it will be completed within on April 29, 2020 with the acquisition of common stocks in the moment and to the price that the company will consider adapted.
Norwegian Cruise Line Holdings has specified that to past friday the total value of the actions still to acquire in the within of the program was pairs to 263,5 million dollars.
Remembering that the program, that can be modified or suspended anytime at the discretion of the group, does not obligate NCLH to acquire some particular quota common stocks, the president and managing director of NCLH, Frank Del Rio, it has clarified that, "even if our primary objective will continue to being the strengthening of our patrimonial state with a reduction of the lever financial institution, the extension of our program of I buy back of actions will give way to us to continue to having the flexibility necessary in order to acquire strategically sets in action to attractive prices if the opportunity had to be materialized".
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The crocieristico group Norwegian Cruise Line Holdings (NCLH) has announced the extension of the period of the triennial program of buys back of actions own, program that a total value of 500 million dollars has and that it would have had to be carried to term within past saturday. The group has explained that instead it will be completed within on April 29, 2020 with the acquisition of common stocks in the moment and to the price that the company will consider adapted.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
