Kinepolis announces start of a share buyback program

| Financial

Kinepolis announces start of a share buyback program

Regulatory release

12 June 2023, 17h45

Kinepolis Group NV announces the launch of a share buyback program, starting on 13 June 2023, in which an independent intermediary has been given a discretionary mandate to buy back - on behalf of Kinepolis Group NV - up to 200,000 own shares on Euronext Brussels between 13 June 2023 and 16 August 2023, for a maximum amount of € 10,000,000.

The share buyback will be carried out within the conditions specified in the authorization by the Extraordinary General Meeting of May 10, 2023, by which the Board of Directors is authorized to buy back own shares, under certain conditions, to cover share options.

During the course of the program, the company will inform the market about the share buyback at regular intervals and in accordance with the applicable regulations.

KINEPOLIS GROUP NV
Public limited company that is making or has made a public appeal to savings
Eeuwfeestlaan 20, 1020 Brussels
Enterprise Number VAT BE 0415.928.179 RLP Brussels


About Kinepolis

Kinepolis Group NV was formed in 1997 as a result of the merger of two family-run cinema groups and was listed on the stock exchange in 1998. Kinepolis offers an innovative cinema concept which serves as a pioneering model within the industry. In addition to its cinema business, the Group is also active in film distribution, event organization, screen publicity and property management.

In Europe, Kinepolis Group NV has 63 cinemas spread across Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland and Poland. Since the acquisition of Canadian movie theatre group Landmark Cinemas and American movie theatre group MJR Theatres, Kinepolis also operates 36 cinemas in Canada and 10 in the US.

In total, Kinepolis Group currently operates 109 cinemas worldwide, with a total of 1,131 screens and more than 200,000 seats. Kinepolis’ employees are all committed to giving millions of visitors an unforgettable movie experience. 

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Contact

A. Van Troos,
Corporate
Communication Manager

Kinepolis Group nv
The Office I
Moutstraat 132-146
B - 9000 Gent

E: pressoffice@kinepolis.com
T: +32 9 241 00 16

Contact

Kinepolis Group NV
Schelde 1
Moutstraat 132-146
B-9000 Gent

+32 9 241 00 00