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AMC Entertainment Says Its 4.1 Million Individual Investors Own 80% Of Stock, Average 120 Shares Each

10.06.2021 - 01:05

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AMC Entertainment has 4.1 million individual shareholders, the company disclosed Wednesday, as it heads towards an annual meeting in late July where all of them will be eligible to show up and vote on whatever’s on the agenda after spending months pumping up the stock on investing chat rooms.“The number of investors who want to own a part of AMC continues to increase,” CEO Adam Aron said in a statement.

He said more than 80% of AMC shares are held by a broad base of retail investors — highly unusual for big public companies — with an average holding of around 120 shares.“Some hold more and some hold less, however, each and every shareholder is important to AMC.

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