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IMAX ENTERTAINMENT TECHNOLOGY COMAPNY ANNOUNCES NEW SHARE-REPURCHASE PROGRAM AND COST-REDUCTION INITIATIVE

NEW YORK, June 12, 2017 /PRNewswire/ — IMAX ENTERTAINMENT TECHNOLOGY COMPANY (NYSE: IMAX) today announced a number of actions aimed at increasing Company value, including the approval by the Company’s Board of Directors of a new share-repurchase program which authorizes the repurchase of up to $200 million of its common shares by June 30, 2020. In addition, …

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