DividendAug 12, 2026, 04:58 PM
Cinemark Declares $0.09 Quarterly Dividend; Appoints New Director
AI Summary
Cinemark Holdings, Inc. announced a quarterly cash dividend of $0.09 per share, payable on September 9, 2026, to shareholders of record on August 26, 2026. Concurrently, the company elected Lawrence Burian to its Board of Directors as a Class II Director, expanding the board to 12 members. Mr. Burian will be compensated with a $95,000 base retainer and an annual grant of restricted shares valued at $175,000.
Key Highlights
- Cinemark declared a quarterly cash dividend of $0.09 per share of common stock.
- The dividend will be paid on September 9, 2026, to stockholders of record on August 26, 2026.
- Lawrence Burian was elected as a Class II Director to the Board of Directors.
- The Board expanded to 12 members with Mr. Burian's appointment.
- Mr. Burian will receive a base retainer fee of $95,000 as a non-employee director.
- He will also receive an annual grant of restricted shares valued at $175,000.
Price Impact
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