Shareholders' Equity

9 Months Ended

Aug. 31, 2011

Shareholders' Equity

NOTE 8 – Shareholders’ Equity

During August 2011, we repurchased 9.2 million shares of Carnival Corporation common stock for $281 million under the general repurchase authorization program (“Repurchase Program”). In addition, during August 2011 Carnival Investments Limited, a subsidiary of Carnival Corporation, also repurchased 240,000 ordinary shares of Carnival plc for $7 million under the Repurchase Program. At August 31, 2011, the remaining availability under the Repurchase Program was $499 million.