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IMAX Expands Share Repurchase Program by $100 Million

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IMAX Expands Share Repurchase Program by $100 Million

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IMAX ( (IMAX) ) has issued an update.

On June 11, 2025, IMAX Corporation held its Annual General Meeting where shareholders elected directors, approved PricewaterhouseCoopers LLP as auditors, and endorsed executive compensation. On June 12, 2025, IMAX announced a $100 million increase to its share repurchase program, extending it through June 30, 2027, bringing the total authorization to $500 million. This move reflects IMAX’s strategic focus on enhancing shareholder value and maintaining a strong market position.

The most recent analyst rating on (IMAX) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on IMAX stock, see the IMAX Stock Forecast page.

Spark’s Take on IMAX Stock

According to Spark, TipRanks’ AI Analyst, IMAX is a Outperform.

IMAX’s overall stock score of 74 is driven by strong financial performance and positive earnings call highlights. While technical indicators are bullish, the high valuation poses a risk. The appointment of a new accounting officer adds a positive dimension to the company’s outlook.

To see Spark’s full report on IMAX stock, click here.

More about IMAX

IMAX Corporation is a leader in entertainment technology, known for its proprietary software, architecture, and equipment that create immersive cinematic experiences. The company collaborates with top filmmakers and studios to deliver major event films globally, making its network a significant theatrical distribution platform. Headquartered in New York, Toronto, and Los Angeles, IMAX operates in 89 countries with 1,810 systems, including commercial multiplexes and institutional venues.

Average Trading Volume: 988,281

Technical Sentiment Signal: Buy

Current Market Cap: $1.48B

Learn more about IMAX stock on TipRanks’ Stock Analysis page.

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