AMC to ask shareholders for right to issue 25 million more shares

Dow Jones2021-06-04

MW AMC to ask shareholders for right to issue 25 million more shares

AMC Entertainment Holdings Inc. $(AMC)$ revealed Thursday afternoon that it will ask shareholders for the authority to issue up to 25 million shares, after selling stock into a dramatic upswell of its share price in recent days. "To successfully navigate the road ahead, we seek to assemble all of the financial tools that might help us," AMC Chief Executive Adam Aron said in a statement. "An important tool for any company is having shares available to issue if, and only if, the right value creation opportunity arises." AMC previously planned to ask shareholders for approval to issue up to 500 million fresh shares, roughly as many as are currently in circulation, but canceled those plans after an uproar from investors . AMC plans to hold its annual shareholders meeting on July 29, when the vote would be held. AMC shares fell 17.9% in Thursday's regular session, and were down roughly 5% in after-hours trading, when the latest update was announced.

-Jeremy C. Owens; 415-439-6400; AskNewswires@dowjones.com

$(END)$ Dow Jones Newswires

June 03, 2021 17:45 ET (21:45 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

CokePepsi
2021-06-04
CokePepsi
割韭菜
yyykkk
2021-06-04
yyykkk
此時不割韭菜更待何時？不同意增發天理不容
算沙
2021-06-04
算沙
To the hellllllllllllll
LeonardKSW
2021-06-04
LeonardKSW
Damn
MrMrsBean
2021-06-04
MrMrsBean
Wow.....
ICEsh00ter
2021-06-04
ICEsh00ter
haha

Leave a comment

6

6

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2140732964?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-04 05:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2140732964","market":"us","top_or_hot":-1,"title":"AMC to ask shareholders for right to issue 25 million more shares","media":"Dow Jones","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC to ask shareholders for right to issue 25 million more shares\n</p>\n<p>\n  AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> revealed Thursday afternoon that it will ask shareholders for the authority to issue up to 25 million shares, after selling stock into a dramatic upswell of its share price in recent days. \"To successfully navigate the road ahead, we seek to assemble all of the financial tools that might help us,\" AMC Chief Executive Adam Aron said in a statement. \"An important tool for any company is having shares available to issue if, and only if, the right value creation opportunity arises.\" AMC previously planned to ask shareholders for approval to issue up to 500 million fresh shares, roughly as many as are currently in circulation, but canceled those plans after an uproar from investors . AMC plans to hold its annual shareholders meeting on July 29, when the vote would be held. AMC shares fell 17.9% in Thursday's regular session, and were down roughly 5% in after-hours trading, when the latest update was announced. \n</p>\n<p>\n  -Jeremy C. Owens; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 03, 2021 17:45 ET (21:45 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC to ask shareholders for right to issue 25 million more shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC to ask shareholders for right to issue 25 million more shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 05:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MW AMC to ask shareholders for right to issue 25 million more shares\n\n\n  AMC Entertainment Holdings Inc. $(AMC)$ revealed Thursday afternoon that it will ask shareholders for the authority to issue up...</p>\n\n<a href=\"http://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2140732964","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2140732964","pubTimestamp":1622756700,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"MW AMC to ask shareholders for right to issue 25 million more shares\n\n\n  AMC Entertainment Holdings ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"AMC将要求股东获得增发2500万股的权利","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"MW AMC to ask shareholders for right to issue 25 million more shares\n\n\n  AMC Entertainment Holdings Inc. $(AMC)$ revealed Thursday afternoon that it will ask shareholders for the authority to issue up to 25 million shares, after selling stock into a dramatic upswell of its share price in recent days. \"To successfully navigate the road ahead, we seek to assemble all of the financial tools that might help us,\" AMC Chief Executive Adam Aron said in a statement. \"An important tool for any company is having shares available to issue if, and only if, the right value creation opportunity arises.\" AMC previously planned to ask shareholders for approval to issue up to 500 million fresh shares, roughly as many as are currently in circulation, but canceled those plans after an uproar from investors . AMC plans to hold its annual shareholders meeting on July 29, when the vote would be held. AMC shares fell 17.9% in Thursday's regular session, and were down roughly 5% in after-hours trading, when the latest update was announced. \n\n\n  -Jeremy C. Owens; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 03, 2021 17:45 ET (21:45 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":116944286,"gmtCreate":1622771745745,"gmtModify":1704190859481,"author":{"id":"3578562735972428","authorId":"3578562735972428","name":"CokePepsi","avatar":"https://community-static.tradeup.com/news/bd6ff01c131455d665669a98e034ffce","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3578562735972428","authorIdStr":"3578562735972428"},"htmlText":"割韭菜","listText":"割韭菜","text":"割韭菜","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116944286","repostId":2140732964,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":116051951,"gmtCreate":1622767200073,"gmtModify":1704190706353,"author":{"id":"3559956192210914","authorId":"3559956192210914","name":"yyykkk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3559956192210914","authorIdStr":"3559956192210914"},"htmlText":"此時不割韭菜更待何時？不同意增發天理不容","listText":"此時不割韭菜更待何時？不同意增發天理不容","text":"此時不割韭菜更待何時？不同意增發天理不容","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116051951","repostId":2140732964,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":116018934,"gmtCreate":1622765554328,"gmtModify":1704190653903,"author":{"id":"3547581826786883","authorId":"3547581826786883","name":"算沙","avatar":"https://static.tigerbbs.com/ff569cadb23052ebe8451b21511c5e2b","vip":1,"hat":"https://static.tigerbbs.com/d30fc324d24ff33075e053005564f0df","crmLevel":5,"crmLevelSwitch":1,"idStr":"3547581826786883","authorIdStr":"3547581826786883"},"htmlText":"To the hellllllllllllll","listText":"To the hellllllllllllll","text":"To the hellllllllllllll","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116018934","repostId":2140732964,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116033408,"gmtCreate":1622765107604,"gmtModify":1704190641030,"author":{"id":"3569318025811476","authorId":"3569318025811476","name":"LeonardKSW","avatar":"https://static.tigerbbs.com/eeba92ccfc8a91444aa3e36de4a39425","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":7,"crmLevelSwitch":0,"idStr":"3569318025811476","authorIdStr":"3569318025811476"},"htmlText":"Damn","listText":"Damn","text":"Damn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116033408","repostId":2140732964,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":118760112,"gmtCreate":1622762556436,"gmtModify":1704190542187,"author":{"id":"3571129545109571","authorId":"3571129545109571","name":"MrMrsBean","avatar":"https://static.tigerbbs.com/8f1ab99fec06884945521404915aec0e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571129545109571","authorIdStr":"3571129545109571"},"htmlText":"Wow.....&nbsp;","listText":"Wow.....&nbsp;","text":"Wow.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118760112","repostId":2140732964,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":118794610,"gmtCreate":1622761270130,"gmtModify":1704190498089,"author":{"id":"3568262728204718","authorId":"3568262728204718","name":"ICEsh00ter","avatar":"https://static.tigerbbs.com/e8d9d76c266e1d33abd00a525a8a445c","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3568262728204718","authorIdStr":"3568262728204718"},"htmlText":"haha","listText":"haha","text":"haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/118794610","repostId":2140732964,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":6,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2140732964"}