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Carnival shareholder credit


whiterose

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Seems like the Search function is not working today but I'm sure there are folks out there who can help. On our recent Golden cruise we met a woman at the airport (on the way home unfortunately) who told us she got a big discount because she owns some Carnival stock. How does this work? How many share do you need to buy etc. Thanks in advance.

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My understanding is that if you own at least 100 shares that you will be given a shipboard credit if you fax the info to Princess before your cruise. I have never heard of getting a discount because of owning the stock.

I also have read where this is not combinable with other shipboard credit.

 

Someone please correct me if I am wrong here.

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Toto, you're right. You do NOT get a discount for being a Carnival shareholder with a minimum of 100 shares of stock. What you do get is:

 

Onboard credit per STATEROOM on sailings 14 days or longer: $250.

" " " " " " 7-13 days: 100.

" " " " " " 6 days or less: 50.

 

 

This is not transferable and not combinable with any other shipboard offer. Also, only one onboard credit per shreholder occupied stateroom.

 

You have to provide a recent copy of your shareholder statement to assure you still own the stock. We have 3 cruises booked for next 3 months, 2 on Princess, 1 on Hal and although we just did a Hal 30 nighter in January and a Princess 10 nighter in April, we had to resend a Sept. statement.

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Curious...so then what's the benefit of the Carnival stock if you have to forfeit the Princess-TA offered shipboard credit and then you have to forfeit the Shipboard credit received from your FCC?

 

Should I assume by what I'm reading here that the benefits of the Share the Wealth program and the Refer a Friend program would not apply either?

 

It seems to me that those benefits far outweigh the Carnival stock benefit unless I'm missing something that I can be enlightend on.

 

Thank you for your help!:)

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Carnival Corporation & plc is please to extend the following benefit for stockholders:

 

Onboard credit per stateroom on sailings of 14 days or longer - $250

Onboard credit per stateroom on sailings of 7 to 13 days - $100

Onboard credit per stateroom on sailings of 6 days or less - $50

 

This benefit is applicable on sailings through July 31, 2006 aboard the brands listed below. Certain restrictions apply.

This benefit is available to shareholders holding a minimum of 100 shares of Carnival Corporation or Carnival plc. Employees, travel agents cruising at travel agent rates, tour conductors, or anyone cruising on a reduced-rate or complimentary basis are excluded from this offer. This benefit is not transferable, not combinable with any other shipboard offer and cannot be used for casino credits/charges and gratuties charged to your onbard account. Only one onbard credit per shareholder occupied stateroom. Reservations must be made by February 28, 2006.

Please provide your name, reservation number, ship and sailing date, along with proof of ownership of Carnival Corporation or Carnival plc shares (i.e., photcopy of shareholder proxy card, shares certificate or a current brokerage or nominee statement) and the inital deposit to your travel agent or to the cruise line you have selected.

 

North American Brands:

Carnival

Princess

Holland America / Windstar

Cunard* / Seabourn

 

UK Brands:

P & O

Ocean Village

Swan Hellenic

Cunard*

 

Continential European Brands

Costa Cruises*

Aida Das Clubschiff

 

Australian Brand

P & O cruises Australia

 

*The onboard credit for Cunard and Costa Cruises is determined based on the operational currency onboard the vessel.

 

Also, each 'division' of CCL has their own contact person.

 

So, for Princess, direct your request to:

 

Liza McDaniel, Yield Management

Tel: (661) 753-0305

Fax: (661) 753-0180

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Happyhours, the referral program is not a shipboard credit - you get $25. credit for each person you refer who books a Princesss cruise within an alloted time. This credit is deducted from your next cruise. We've done it twice, when we got our initial billing statement from our agent it showed the deduction.

 

I am not familiar with the Share the Wealth program you mentioned.

 

If you are getting the same onboard credit when booking a future cruise on board, then you are correct - there is no advantage to getting the credit as a shareholder. However, the credit should not be the only reason you purchase the stock, it is just an extra bonus. We purchased our stock at $13. per share several years ago. It is now priced at $50. (give or take any given day, as any other stock). It also pays a dividend.

 

For what we spend onboard ship, I'd love to get both the shareholder and future cruise onboard credits but that isn't likely to happen.

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I'm a shareholder, and you cannot use both the shareholder credit and the future cruise credit. Generally, the FCC is at least as good. However, you can combine the shareholder credit with a group booking credit that you get from your TA. As a practical matter, though, the credit is illusory unless you don't have any FCCs in your account.

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