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-   -   Princess stock ? (http://www.cruisemates.com/forum/princess-cruise-lines/314120-princess-stock.html)

The Cruise Guy May 16th, 2006 01:43 PM

Princess stock ?
 
If I wanted to buy stocks for Princess, what would the symble be?

Irish Shark May 16th, 2006 01:47 PM

You can't and there is no longer any "Princess" symbol.

In April 2003 Princess Cruises became a part of Carnival Corporation (NYSE: CCL), one of the largest vacation companies in the world.

The Cruise Guy May 16th, 2006 02:30 PM

I completely forgot that, thanks for the reminder.

Rev22:17 May 16th, 2006 07:53 PM

Irish Shark,

In April 2003 Princess Cruises became a part of Carnival Corporation (NYSE: CCL), one of the largest vacation companies in the world.

The corporate structure actually is a bit more complicated. The former P&O Princess Cruises Plc. changed its name and EPIC (British stock) symbol to Carnival Plc. (LSE: CCL) but retains its listing on the London Stock Exchange. The two companies merged operations without merging the corporate entities by having the same board, the same corporate officers, certain automatic financial exchanges, and a "special voting share" that maps the vote of each corporation's stockholders into the other corporation. On measures that require joint approval under the merger of operations, the special voting share counts as the actual voes of the other corporation's shareholders. On measures that require separate approval by each corporation's shareholders, the special voting share execrises an absolute veto if the other corporation's shareholders reject the measure. It would be quite easy to terminate the joint operating agreement if management ever deems that to be in the best interests of both corporatons.

Norm.

Irish Shark May 17th, 2006 12:03 PM

I did not write it. That is a direct quote from the Princess Web Site.

http://www.princess.com/about/investors.html

The bottom line is that you cannnot buy Pincess Shares as they do not exist as of this posting.

DesrtDrmr May 19th, 2006 01:31 AM

Re: Princess stock ?
 
Quote:

Originally Posted by The Cruise Guy
If I wanted to buy stocks for Princess, what would the symble be?

If you are asking about what stock to buy to get the Onboard Credit given to stockholders, you must own 100 or more shares of CCL stock.

15climbingroses June 5th, 2006 11:51 AM

In response to:
"If you are asking about what stock to buy to get the Onboard Credit given to stockholders, you must own 100 or more shares of CCL stock

Do you know what kind of discounts are given to those who own more than 100 shares of CCL stock? Or at least how to find out this information? Thanks!

Fern June 5th, 2006 06:59 PM

Hi 15climbingroses,

There's no higher discount for owning more than 100 shares of CCL :( .

The info. is in the annual report. You can find it here:

http://media.corporate-ir.net/media_...ts/CCP05AR.pdf

on page 7.


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