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Old August 28th, 2011, 10:23 PM
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Seatrade just reported this this week...

Fain buys $1.49m Royal Caribbean shares (**corrected**)

Royal Caribbean chairman and ceo Richard Fain today bought 66,000 RCL common shares in a series of transactions.


According to a filing, Fain paid a weighted average price of $22.72 per share, or a total of $1.49m.

With the purchase, he holds more than 1.2m common shares directly and more than 421,000 common shares indirectly through various trusts for the benefit of certain family members.


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