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Carnival reestablishes $1B stock buyback program

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MIAMI (AP) — Carnival Corp. said Thursday that its board renewed its authorization for the buyback of up to $1 billion of the company's shares and declared a quarterly dividend of 25 cents. The Miami-based cruise company said it has repurchased 2 million shares of its common stock worth $78 million since the start of fiscal 2013, bringing the total amount purchased so far under the $1...

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