LSE:CINE (Cineworld Group Plc)
About CINE
Frequently Asked Questions
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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.
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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.
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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.
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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
Investing Articles
Why has the Cineworld (CINE) share price jumped 15%?
Investing Articles
These FTSE 100 and FTSE 250 stocks are up by 10%+! What’s going on?
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The Cineworld (CINE) share price has exploded. Next stop 100p?
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The Cineworld share price just touched 70p. What’s next?
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Why I’d ignore Cineworld’s share price and buy this penny stock!
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Is Cineworld’s share price about to soar?
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Is the Cineworld share price heading to zero?
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Should I buy Cineworld shares (LON:CINE) before it’s too late?
