Cinemark Holdings, Inc. has announced that Thomas Melissa, the company's Executive Vice President and Chief Financial Officer, has sold 7,200 shares at a price of $25.17 per share on August 15, 2025.
Cinemark Holdings, Inc. (CNK) has taken significant steps to strengthen its market presence and regional ties. The company announced the dual listing of its common stock on NYSE Texas, a newly launched fully electronic equities exchange headquartered in Dallas, Texas [1]. This move comes as Cinemark continues to maintain its primary listing on the New York Stock Exchange (NYSE) and will trade under the ticker symbol "CNK" on both exchanges [1].
The dual listing reflects Cinemark's strong commitment to the state of Texas. With over 25% of its domestic theaters and its company service center located in the Lone Star State, the company aims to further solidify its connection to Texas and support the state's growing financial ecosystem [1]. Bryan Daniel, President of NYSE Texas, welcomed Cinemark as a founding member, noting its status as a leading Texas-based theater operator [2].
In addition to the dual listing announcement, Cinemark's Executive Vice President and Chief Financial Officer, Thomas Melissa, sold 7,200 shares at a price of $25.17 per share on August 15, 2025 [3]. This transaction, while not directly related to the dual listing, highlights the company's ongoing financial activities and the market's interest in Cinemark's stock.
Cinemark's dual listing on NYSE Texas is expected to provide investors with localized, regional market opportunities and further enhance the company's market presence. The company's strong brand and extensive network of theaters across the United States and internationally position it as a key player in the movie theater industry.
References:
[1] https://www.marketscreener.com/news/cinemark-to-dual-list-common-stock-on-nyse-texas-texas-ce7c51dcd88cf520
[2] https://www.nasdaq.com/articles/cinemark-dual-lists-stock-nyse-texas-bolster-regional-ties
[3] https://www.marketscreener.com/news/cinemark-to-dual-list-common-stock-on-nyse-texas-texas-ce7c51dcd88cf520
Comments
No comments yet