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Benzinga
Benzinga
Business
Chris Katje

'Today We Pounced': How AMC's New APE Shares Can Fight Off 'Prophets Of Doom Rooting Against' Company

AMC Adam Aron Ape NYSE AMC Entertainment AMC Entertainment Holdings Inc Entertainment

Movie theater leader AMC Entertainment Holdings Inc (NYSE:AMC) reported second-quarter financial results after market close Thursday. Along with earnings, the company also announced the declaration of a special dividend in the form of AMC Preferred Equity units.

What Happened: AMC announced it will pay out one AMC Preferred Equity unit for each share of AMC Class A common stock based on a record date of Aug. 15, 2022.

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