Cinemark Holdings, Inc. Dual Lists on NYSE Texas

Strategic Insights -

Cinemark Holdings, Inc., a leading global theatrical exhibition company, has further solidified its presence in Texas by announcing the dual listing of its common stock on NYSE Texas, a newly launched electronic equities exchange in Dallas, Texas. This move expands the company's relationship with the New York Stock Exchange (NYSE), where it has been listed since 2007. Cinemark's dual listing aims to strengthen its ties to the state, where it has a significant presence through its domestic theaters, service center, and team members.

Key Takeaways:

  • Cinemark Holdings, Inc. has dual listed its common stock on NYSE Texas, in addition to its primary listing on the New York Stock Exchange (NYSE).
  • This dual listing marks a significant milestone for Cinemark, which has been listed on the NYSE since 2007.
  • The company has a strong presence in Texas, with more than 25% of its domestic theaters in the state, a company service center in Plano, and thousands of team members serving millions of guests each year.
  • Cinemark President and CEO Sean Gamble emphasized the company's commitment to Texas, highlighting the dual listing as a way to strengthen its connection to the state.
  • NYSE Texas President Bryan Daniel welcomed Cinemark as a Founding Member, citing the company's natural fit with the exchange's community.

Statistics:

  • Cinemark has been listed on the New York Stock Exchange (NYSE) since 2007.
  • The company has more than 25% of its domestic theaters in Texas.
  • Cinemark has a company service center in Plano, Texas.
  • The company has thousands of team members serving millions of guests in Texas each year.
  • NYSE Texas is a fully electronic equities exchange headquartered in Dallas, Texas.

Sources:

  • Cinemark Holdings, Inc. (Source: Specifies the dual listing of common stock on NYSE Texas)
  • NYSE Texas (Source: Specifies Bryan Daniel as President and Cinemark as a Founding Member)