Cineplex Inc

Cineplex Inc. is facing pressure from activist investor Windward to consider strategic financial maneuvers, including share buybacks and potential asset sales, in an effort to boost its stock price and potentially triple its value.

Cineplex Inc. faces financial headwinds after reporting a challenging second-quarter, with a negative price-to-earnings ratio and declining stock price highlighting industry-wide struggles.

Cineplex Inc. has announced that President and CEO Ellis Jacob will retire on December 31, 2026, after leading the company through various film formats and navigating the competitive entertainment industry.