LSE:CINE (Cineworld Group Plc)

About CINE

Cineworld Group Plc operates as a cinema chain in different territories. It operates through the United States; United Kingdom and Ireland; and Rest of the world divisions. The firm offers its products and services under the brands Cineworld, Picturehouse, Cinema City, Yes Planet and Rav-Chen. The company was founded by Stephen Mark Wiener in 1995 and is headquartered in Brentford, the United Kingdom.

Frequently Asked Questions

The CINE share price was 170p when the company was floated on the Main Market of the London Stock Exchange in May 2007. CINE raised £104m at the offer price. On listing, it had 142m shares in issue and its market capitalisation was £241m.

Before 2020, Cineworld shares were considered a top pick growth stock for many investors. However, following the impact of the pandemic, the Cineplex lawsuit, and rising interest rates, the firm is struggling to stay ahead of its debts.

In 2022, management have begun exploring Chapter 11 bankruptcy options sending the Cineworld share price plummeting even further. There may be a long-term turnaround opportunity if the group can successfully execute a capital restructuring. But, it remains a highly risky investment suitable only for investors with a high risk appetite.

No. Historically, Cineworld shares paid a cash dividend twice a year in June and September. However, since the start of the pandemic all dividend payments have ceased.

Cineworld shares are listed on the London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.

Cineworld Group Plc (LSE: CINE) Latest News

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Cineworld shares: bull vs bear

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The Cineworld share price is on the rise this morning after revealing some impressive ticket sales. Zaven Boyrazian explores.

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Where will the Cineworld share price go in November?

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Where will the Cineworld (LON: CINE) share price go by Christmas?

The Cineworld (LON: CINE) share price has slumped since its springtime climb. Can it get a new lease of life…

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The Cineworld share price has more than Covid to contend with

James Reynolds explains why he thinks the Cineworld Share price may not recover after the pandemic, which means he won't…

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