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Imax Corp (IMAX.N)

IMAX.N on New York Stock Exchange

21.50USD
24 Jul 2017
Change (% chg)

$0.25 (+1.18%)
Prev Close
$21.25
Open
$21.50
Day's High
$21.95
Day's Low
$21.45
Volume
191,706
Avg. Vol
226,936
52-wk High
$35.30
52-wk Low
$20.10

Latest Key Developments (Source: Significant Developments)

Primecap Management Company reports a 8.29 pct passive stake in Imax Corp
Thursday, 6 Jul 2017 12:32pm EDT 

July 6 (Reuters) - Imax Corp ::Primecap Management Company reports a 8.29 percent passive stake in Imax Corp as of June 30 - SEC filing.  Full Article

Imax announces new share-repurchase program and cost-reduction initiative
Monday, 12 Jun 2017 04:30pm EDT 

June 12 (Reuters) - Imax Corp : :Imax announces new share-repurchase program and cost-reduction initiative.Imax Corp - authorizes repurchase of up to $200 million of its common shares by June 30, 2020.Imax Corp - implementing a cost-reduction plan that will target approximately $20 million in annualized cost savings.Says as part of its cost-reduction plan Imax expects approximately 100 full-time positions.Imax Corp - expects to report aggregate pre-tax restructuring and impairment charge of about $15 million in 2017 in connection with cost-reduction efforts.Says company further expects about $11 million of restructuring and impairment charges will be recognized in Q2 of 2017.Imax Corp - anticipates cost savings to take effect beginning in Q3 of 2017.  Full Article

Imax continues rapid expansion with Les Cinémas Gaumont Pathé in Europe
Wednesday, 24 May 2017 09:15am EDT 

May 24 (Reuters) - Imax Corp : :Imax continues rapid expansion with Les Cinémas Gaumont Pathé in Europe; signs an additional six-theatre agreement for the group's top-performing locations in France And Holland.Says ‍five Imax theatres featuring Imax's next-generation laser technology will be added to exhibitor's circuit in france​.Says ‍one Imax theatre will be added to its network in Holland​.  Full Article

PVR Cinemas doubles IMAX footprint with five-theatre deal in india
Wednesday, 26 Apr 2017 07:30am EDT 

April 26 (Reuters) - Imax Corp :Pvr cinemas doubles its imax footprint with five-theatre agreement in india.Says announced a sales agreement for five imax theatres to be located in delhi and other major metropolitan markets in india.  Full Article

Imax Q1 adjusted earnings per share $0.06
Thursday, 20 Apr 2017 06:35am EDT 

April 20 (Reuters) - Imax Corp ::Imax Corporation reports first-quarter 2017 results.Q1 adjusted earnings per share $0.06.Q1 earnings per share $0.00.Q1 revenue $68.7 million.Imax Corp says Imax increases full-year 2017 installation guidance to approximately 160 new theater systems from 150 - 155 theater systems.  Full Article

IMAX, Omnijoi Cinemas expand partnership in China
Tuesday, 18 Apr 2017 06:02am EDT 

April 18 (Reuters) - Omnijoi Media Corp <300528.SZ>:IMAX - co, IMAX China Holding Jiangsu Omnijoi Cinema announced expansion of hybrid revenue-sharing arrangement, addition of 40 new IMAX theatre systems.IMAX Corp - companies expect majority of sites to open by end of 2020 with remaining sites to open by end of 2021.  Full Article

Imax and Warner Bros report virtual reality deal
Tuesday, 28 Mar 2017 07:30am EDT 

Imax Corp :Imax - co, Warner Bros. Home Entertainment announced new virtual reality co-financing and production deal to develop, release three interactive vr experiences.  Full Article

Imax and Majid Al Futtaim Cinemas partner to bring three additional Imax theatres to Middle East
Monday, 27 Mar 2017 04:01pm EDT 

Imax Corp - :Imax and Majid Al Futtaim Cinemas partner to bring three additional Imax theatres to Middle East.  Full Article

IMAX China reports full-year 2016 results
Thursday, 23 Feb 2017 06:15pm EST 

Imax Corp : IMAX China reports full-year 2016 results .There were 334 theatres in backlog as of Dec. 31, 2016, of which 275 are for revenue sharing arrangements.  Full Article

Walt Disney and IMAX extend agreement with a new multi-picture deal
Wednesday, 22 Feb 2017 09:00am EST 

Walt Disney Co :Walt Disney Co - co, IMAX have extended agreement with a new multi-picture deal beginning this year and extending through 2019.  Full Article

BRIEF-Primecap Management Company reports a 8.29 pct passive stake in Imax Corp

* Primecap Management Company reports a 8.29 percent passive stake in Imax Corp as of June 30 - SEC filing Source text: (http://bit.ly/2tM8JwU) Further company coverage: