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Imax Corp - IMAX STOCK NEWS

Welcome to our dedicated news page for Imax (Ticker: IMAX), a resource for investors and traders seeking the latest updates and insights on Imax.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Imax's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Imax's position in the market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.85%
Tags
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Rhea-AI Summary
IMAX Corporation proposes to acquire the outstanding shares of IMAX China for approximately HK$10 per share in cash, representing a 49% premium to the 30-trading day average closing price. The acquisition is expected to enhance IMAX Corporation's financial profile and unlock new growth opportunities in China. The transaction is subject to approval and is expected to be accretive to IMAX Corporation immediately following completion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.91%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
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none
Rhea-AI Summary
IMAX Corporation announced a 3-year extension to its share-repurchase program, allowing the repurchase of up to $400 million of its common shares. The current program has repurchased approximately 12.4 million shares for $208.5 million. The company has $191.5 million remaining for repurchases. The program may be suspended or discontinued at any time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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buyback
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Rhea-AI Summary
IMAX Corporation's global box office debut for Sony Pictures' 'Spider-Man: Across the Spider-Verse' reached $20 million, making it the second biggest animated opening in IMAX history. The film earned $13.5 million in North America, accounting for 11.2% of the market, and $6.5 million overseas. IMAX continues to capitalize on the growing popularity of animation in the film industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
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partnership
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
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conferences
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.44%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
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none
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.91%
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none
Imax Corp

NYSE:IMAX

IMAX Rankings

IMAX Stock Data

869.99M
42.77M
19.2%
77.64%
5.54%
Motion Picture and Video Production
Information
Link
Canada
Mississauga

About IMAX

it’s an entertainment experience so real you feel it in your bones, so magical it takes you places you have never been; so all-encompassing you’re not just peeking through the window, but part of the action. behind it is a world of high technology – proprietary software, architecture and equipment pioneered by imax. imax is unique – not an entertainment or technology or distribution company but all three at once: an innovator with patented technology; a hollywood insider that partners with the world’s most celebrated movie-makers to enhance their biggest blockbusters and documentaries; and a global enterprise with more than 1000 theatres in 68 countries. there’s only one imax, and once experienced there’s no going back…