AMC Entertainment Holdings, Inc. (“AMC” or “the Company”), one of the
world’s leading theatrical exhibition companies and an industry leader
in innovation and operational excellence, today announced that its Board
of Directors has declared a dividend for the quarter ended June 30,
2015, of $0.20 per share on shares of Class A and Class B common stock,
its sixth dividend since the Company’s initial public offering. The
dividend is payable in cash on September 21, 2015 to shareholders of
record on September 8, 2015.
About AMC Entertainment Holdings, Inc.
AMC (NYSE:AMC) is the guest experience leader with 347 locations and
4,972 screens located primarily in the United States. AMC has propelled
innovation in the theatrical exhibition industry and continues today by
delivering more comfort and convenience, enhanced food & beverage,
greater engagement and loyalty, premium sight & sound, and targeted
programming. AMC operates the most productive theatres in the country’s
top markets, including No. 1 market share in the top three markets (NY,
LA, Chicago). www.amctheatres.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the
meaning of the “safe harbor” provisions of the United States Private
Securities Litigation Reform Act of 1995. Forward-looking statements may
be identified by the use of words such as “forecast,” “estimate,”
“will,” “project,” “intend,” “expect,” “should,” “believe,” “continue,”
and other similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements are based on information available at the
time those statements are made and/or management’s good faith belief as
of that time with respect to future events, and are subject to risks and
uncertainties that could cause actual performance or results to differ
materially from those expressed in or suggested by the forward-looking
statements. These risks and uncertainties include, but are not limited
to, execution risks related to our pending acquisition, including
obtaining regulatory approvals and satisfying closing conditions; our
ability to achieve expected synergies from our pending acquisition; our
ability to realize expected benefits from our pending acquisition;
decreased supply, quality and performance of, and delays in our access
to, motion pictures; risks relating to our significant indebtedness; our
ability to utilize net operating loss carry forwards to reduce future
tax liability; increased competition in the geographic areas in which we
operate and from alternative film delivery methods and other forms of
entertainment; continued effectiveness of our strategic initiatives; the
impact of shorter theatrical exclusive release windows; our ability to
attract and retain senior executives and other key personnel; the impact
of governmental regulation, including anti-trust review of our
acquisition opportunities and investigations concerning potentially
anticompetitive conduct, including film clearances and participation in
certain joint ventures; unexpected delays and costs related to our
optimization of our theatre circuit; and failures, unavailability or
security breaches of our information systems.
Forward-looking statements should not be read as a guarantee of future
performance or results, and will not necessarily be accurate indications
of the times at, or by, which such performance or results will be
achieved. For a detailed discussion of these risks and uncertainties,
see the section entitled “Risk Factors” in our Annual Report on Form
10-K, filed with the Securities and Exchange Commission on March 10,
2015, and our other public filings. The Company does not intend, and
undertakes no duty, to update this information to reflect future events
or circumstances, except as required by applicable law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150728006261/en/
Copyright Business Wire 2015