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Cinemark Announces Dual Stock Listing on NYSE Texas

Cinemark theater showcasing luxury seating and vibrant audience

Plano, Texas, August 20, 2025

News Summary

Cinemark Holdings, Inc. has announced a dual stock listing on NYSE Texas, maintaining its primary listing on the New York Stock Exchange. This strategic move aims to strengthen Cinemark’s operational ties to Texas, where over 25% of its U.S. theaters are located. The company operates 497 theaters and 5,647 screens, servicing millions of guests annually. With a net income of $93.5 million in the second quarter and plans to invest $225 million in its real estate portfolio in 2025, Cinemark continues to enhance its guest experience.

Plano, Texas — Cinemark Holdings, Inc. announced a dual listing of its common stock on NYSE Texas while retaining its primary listing on the New York Stock Exchange. The company will continue to trade under the ticker symbol CNK on both exchanges. The move is presented as a way to strengthen Cinemark’s ties to Texas, where a significant portion of its U.S. operations and workforce are based.

Key facts first

The dual listing will add NYSE Texas to the company’s existing New York Stock Exchange listing, maintaining the NYSE as the primary market. Cinemark emphasized the company’s deep Texas footprint: more than 25% of its domestic theaters are located in Texas and the company service center is based in Plano. Thousands of team members serve millions of guests in the state each year.

Operational scale and footprint

As of June 30, 2025, Cinemark operated 497 theaters with 5,647 screens across 42 U.S. states and in 13 countries across South and Central America. The company reported entertaining approximately 51 million guests in the fourth quarter of fiscal 2024 and more than 201 million guests for the full fiscal year 2024.

Guest experience and brands

Cinemark highlighted several guest-facing offerings, including Movie Club (the first exhibitor-launched subscription program in the U.S.), a broad rollout of Luxury Lounger recliner seats, the XD premium large format auditoriums, and expanded food and beverage options. The company is also developing mixed-experience venues under the Gamescape by Cinemark concept, which will combine movie auditoriums with bowling, arcades and other entertainment features.

Financial highlights

Recent quarterly results showed second-quarter net income of $93.5 million, or per share, on revenue of $940.5 million, with revenue coming in below Wall Street estimates. For fiscal 2024, total revenues exceeded $3 billion, and the company reported a record fourth quarter with revenue of $814 million, up 27% year over year. Cinemark reported a cash balance of $1.1 billion and has reinstated an annual cash dividend of $0.32 per share.

Capital deployment and investment plans

Cinemark plans to invest $225 million in its real estate portfolio in 2025, which includes new developments and the rollout of Gamescape venues. The planned investments are presented as part of a broader strategy to enhance and expand guest experiences while maintaining a strong balance sheet.

Why the dual listing matters

The company framed the NYSE Texas listing as a formal recognition of its significant operations and workforce in the state. By trading on both exchanges under the same ticker, Cinemark aims to increase its visibility among investors while keeping its primary market on the NYSE. Company leadership described the listing as aligning market presence with the company’s operational footprint and long-standing ties to Texas.

Context and background

Cinemark has been listed on the New York Stock Exchange since 2007. The dual listing model is used by some companies to provide additional trading venues, broaden investor access, and strengthen connections with key regional markets. Cinemark’s business model combines large-format auditoriums, recliner seating, subscription offerings and diversified food and beverage revenue to attract and retain moviegoers across its geographic footprint.

What comes next

Shares will begin trading on NYSE Texas under the ticker CNK while continuing to trade on the NYSE. The company will proceed with planned property investments and new venue rollouts in 2025, and will monitor operating and financial performance as it implements the dual listing and executes expansion plans.

FAQ

What is changing for Cinemark’s stock listings?

Cinemark will add a secondary listing on NYSE Texas while keeping its primary listing on the New York Stock Exchange. The stock will trade under the ticker CNK on both exchanges.

Why did Cinemark choose NYSE Texas?

The company chose NYSE Texas to align its market presence with its substantial operational footprint and workforce in Texas, where more than a quarter of its U.S. theaters are located and its service center is based.

Will the primary exchange change?

No. Cinemark will maintain its primary listing on the New York Stock Exchange while adding a secondary listing on NYSE Texas.

How large is Cinemark’s theater network?

As of June 30, 2025, Cinemark operated 497 theaters with 5,647 screens across 42 states and 13 countries in South and Central America.

What are the company’s recent financial results and plans?

Second-quarter net income was $93.5 million (63 cents per share) on revenue of $940.5 million. Fiscal 2024 revenues exceeded $3 billion, with a record fourth quarter of $814 million. The company plans to invest $225 million in real estate in 2025, has $1.1 billion in cash, and reinstated an annual dividend of $0.32 per share.

Feature Value Relative size
U.S. theaters in Texas (share) More than 25%
Total theaters (June 30, 2025) 497
Total screens 5,647
Guests (FY 2024) Over 201 million
Cash on hand $1.1 billion
Planned 2025 real estate investment $225 million
Annual dividend $0.32 per share

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Cinemark Announces Dual Listing on NYSE Texas

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STAFF HERE DALLAS WRITER
Author: STAFF HERE DALLAS WRITER

DALLAS STAFF WRITER The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.

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