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AMC Entertainment Holdings shares surged 17% on Wednesday after Chief Executive Officer and Chairman Adam Aron disclosed a substantial open-market purchase of the company's stock, signaling renewed confidence in the theater chain's outlook. According to a Form 4 filing with the US Securities and Exchange Commission dated May 19, Aron purchased 250,000 shares of AMC's Class A common stock at an average price of about $1.38 per share.

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At its U.S. theatres, AMC’s highest-attended Thursday-through-Monday in 2026 was driven by a strong opening from THE MANDALORIAN AND GROGU, and rare week-over-week box office growth from OBSESSION

THE MANDALORIAN AND GROGU becomes the fifth film in the past two months to open to more than $75 million domestically

AMC’s movie-themed merchandise program for THE MANDALORIAN AND GROGU is the Company’s third best in AMC history during a movie’s opening weekend

LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Entertainment (NYSE: AMC), the largest theatrical exhibitor in the United States and in the world, welcomed more than 5.0 million moviegoers to its theatres across the United States and to its ODEON Cinemas locations internationally during the U.S. Memorial Day holiday weekend, spanning Thursday through Monday. At its U.S. locations, AMC enjoyed its highest-attended Thursday-through-Monday period of 2026, reflecting continued strong momentum at the box office as the industry heads into a busy summer moviegoing season.

Leading the weekend was THE MANDALORIAN AND GROGU, with a media-reported $82 million domestically over a 3-day period and around $100 million when including the holiday Monday. The film’s strong debut also marks the fifth movie in the past two months to open to more than $75 million domestically, underscoring the growing consistency of major theatrical releases in 2026.

In addition to the box office performance, demand was strong for collectible items tied to THE MANDALORIAN AND GROGU. AMC guests sought out the Grogu Pram popcorn vessel, Mando Helmet popcorn bucket, and more. As a result, THE MANDALORIAN AND GROGU’s movie-themed merchandise program performance is the third best in AMC history during a movie’s opening weekend.

Not to be lost among a strong blockbuster opening, the weekend also featured an impressive hold from OBSESSION, which delivered rare week-over-week box office strength and continued to resonate with audiences. At the domestic box office, OBSESSION earned a media-reported $30-plus million during the Memorial Day holiday weekend. That’s up more than 30% versus its opening weekend. And MICHAEL continued its exceptionally strong run at the box office during the holiday weekend.

These results highlight the sustained appeal of theatrical moviegoing when audiences are presented with compelling, well-marketed films across a range of genres.

AMC Chairman and CEO Adam Aron commented:
“We congratulate the talented filmmakers, cast, and crew behind THE MANDALORIAN AND GROGU, along with our partners at Disney and Lucasfilm, on delivering a film that has clearly captured the attention of moviegoers around the world. This film stood out as the clear number one title of the weekend, drawing strong attendance across our theatres globally, and it adds to a growing list of successful releases, becoming the fifth film in the past two months to open above $75 million domestically.”

Aron continued:
“The Memorial Day holiday weekend once again demonstrated the power of the big screen experience. Just as importantly, the consistency we are seeing at the box office is unmistakable, with five films in the past two months alone opening above $75 million domestically. At the same time, the continued strength of OBSESSION and ongoing success of MICHAEL shows that audiences are not only turning out for new releases, but are also sustaining strong interest in films with positive word of mouth. When compelling content meets the theatrical experience, the results speak for themselves.”

The strong summer moviegoing season is expected to continue in the weeks ahead, with a steady pipeline of major releases scheduled to arrive in theatres throughout the summer. SCARY MOVIE (June 5); MASTERS OF THE UNIVERSE (June 5); DISCLOSURE DAY (June 12); TOY STORY 5 (June 19); SUPERGIRL (June 26); MINIONS & MONSTERS (July 1) all arrive over the next five weekends. Showtimes and tickets are available at amctheatres.com and the AMC mobile app.

About AMC Entertainment Holdings, Inc.

AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 855 theatres and 9,640 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, website, and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. For more information, visit amctheatres.com.

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