Will Carnival’s Common Stock Repurchase Get A Second Look From These Top Institutional Shareholders?

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Carnival Corporation (NYSE:CCL) announced that their Board of Directors had authorized the repurchase of the company’s common stock up to $1 billion as well as declared a quarterly dividend of $0.25 per share. Only $165 million remained from a September 2007 authorization for the purchase of stock up to $1 billion. This balance amount has now been renewed to $1 billion.”Our ongoing share repurchase program demonstrates our continued confidence in the earnings power of our global brands,” said Micky Arison, Carnival Corporation & PLC Chairman and Chief Executive Officer. “We remain committed to increasing shareholder returns through a combination of dividend distributions and opportunistic share repurchases,” he added.

Will Carnival Corporation’s shareholders increase their holdings? They reported owning a total of 7.574 million shares on 12/31/2012. The shares closed at $36.77 on 12/31/2012.

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Here are the ten largest positions in Carnival Corporation at the end of December 31st, 2012.

Edinburgh Partners Ltd. held 4,706,972 shares on 12/31/2012 worth $173,075,363. This brought the portfolio total to 9.78%.

Sei Trust Co. held 464,535 shares on 12/31/2012 worth $17,080,952. This brought the portfolio total to 0.25%.

Nordea Investment Management AB held 464,420 shares on 12/31/2012 worth $17,076,724. This brought the portfolio total to 0.12%.

Chevy Chase Trust Holdings Inc. held 328,133 shares on 12/31/2012 worth $12,065,451. This brought the portfolio total to 0.11%.

Davidson Investment Advisors held 257,230 shares on 12/31/2012 worth $9,458,347. This brought the portfolio total to 1.6%.

Texas Permanent School Fund held 246,603 shares on 12/31/2012 worth $9,067,592. This brought the portfolio total to 0.1%.

D. A Davidson &. Co. held 180,444 shares on 12/31/2012 worth $6,634,926. This brought the portfolio total to 0.36%.

Exxonmobil Investment Management Inc. /TX held 142,675 shares on 12/31/2012 worth $5,246,160. This brought the portfolio total to 0.13%.

Shell Asset Management Co. held 135,862 shares on 12/31/2012 worth $4,995,646. This brought the portfolio total to 0.1%.

Royal London Asset Management Ltd. held 100,855 shares on 12/31/2012 worth $3,708,438. This brought the portfolio total to 0.13%.

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