Shares of IMAX surged nearly 10% in after-hours trading following reports that the company is exploring a potential sale. According to a source familiar with the matter, IMAX has engaged in preliminary discussions through intermediaries, although no formal offers have been made. This news comes as CEO Rich Gelfond, who recently returned from medical leave, has previously indicated openness to a sale as a strategy to maximize shareholder value.
The interest in a sale is significant given IMAX’s strong performance, having generated a record $1.28 billion at the global box office last year, marking a 40% increase from 2021. The growth of premium large format (PLF) screens, which accounted for 16.3% of domestic ticket sales in 2025, further underscores the company’s position as a leader in premium theatrical experiences.
For market professionals, the potential sale could unlock additional value for IMAX shareholders, especially as the demand for premium cinema experiences continues to rise.
Source: cnbc.com