Tranche Update on Kinepolis Group NV's Equity Buyback Plan announced on January 15, 2018.
April 10, 2020
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From January 1, 2019 to June 30, 2019, the company has repurchased 0 shares, representing 0% for €0 million. With this, the company has completed the repurchase of 360,000 shares, representing 1.32% for €20.3 million under the buyback announced on January 15, 2018.
Kinepolis Group NV specializes in operating multiplex movie theaters. The activity is organized around 3 areas:
- operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. At the end of 2023, the group has a network of 109 cinemas in Belgium (11), Canada (36), the Netherlands (19), France (18), the United States (10), Spain (10), Luxembourg (3), in Switzerland and Poland;
- leasing of commercial spaces: restaurants, outlets, etc.;
- other: cinematographic distribution and production, and technical services (primarily technical assistance and projector maintenance; Decatron).