8-K filed Mar 27, 2026
Carnival authorizes $2.5B for stock buybacks
“Today, the Boards of Directors approved an initial $2.5 billion share buyback program 1 .”
From Carnival Corporation’s 8-K filed Mar 27, 2026 · read the filing · all documents
How big is it?
Carnival bought back $548M of stock in the twelve months to Aug 31, 2026. At that pace, $2.5B covers about 4.6 years of buybacks.
The amount equals 79% of its free cash flow over the same twelve months ($3.2B).
Its diluted share count is down 2.4% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q4 '23 | $0 |
| Q1 '24 | $0 |
| Q2 '24 | $0 |
| Q3 '24 | $0 |
| Q4 '24 | $0 |
| Q1 '25 | $0 |
| Q2 '25 | $0 |
| Q3 '25 | $0 |
| Q4 '25 | $0 |
| Q1 '26 | $0 |
| Q2 '26 | $0 |
| Q3 '26 | $548M |