Benzinga | Jan 31, 2022 02:00PM EST

Carnival Extends Time For Equity Offering

* Carnival Corp (NYSE:CCL) has extended its share purchase program until April 30, 2022, under the same terms, from the previous date of January 31, 2022.

* The company had offered to sell shares of its common stock through its agent BofA Securities, having an aggregate offering price of up to $500 million.

* As announced earlier, Carnival intends to use the offering net proceeds to purchase an equivalent number of Carnival plc ordinary shares and general corporate purposes.

* Price Action: CCL shares traded higher by 4.05% at $19.75 on the last check Monday.