Cinemark Stock Down 21%, Yet New $7 Million Bet and $300 Million Buyback Signal Confidence

Core Insights - Helix Partners Management LP has acquired a new position in Cinemark Holdings, purchasing 300,000 shares valued at approximately $6.97 million [2][8] - Cinemark Holdings reported a revenue of $3.15 billion and a net income of $154.80 million for the trailing twelve months [4] - The company has a dividend yield of 1.33% and its stock price was $24.86 as of February 12, 2026, reflecting a 21.1% decline over the past year [4][8] Company Overview - Cinemark Holdings is a leading motion picture exhibitor with a significant presence in the Americas, generating revenue through box office sales, concessions, and advertising [6][9] - The company operates a large theatre network, leveraging its scale and geographic footprint to maintain competitive advantages in the entertainment industry [6] Financial Performance - In Q3, Cinemark reported $858 million in revenue, $51 million in net income, and $178 million in adjusted EBITDA, achieving a margin of 20.7% [7] - The company has eliminated its remaining pandemic-related debt and authorized a $300 million share repurchase program while increasing its dividend by 12.5% [7] Market Position - Cinemark's shares have underperformed the S&P 500 by 34.01 percentage points over the past year, with attendance reaching 54.2 million patrons in Q3 and record concession revenue per cap of $8.20 domestically [8][10] - The investment by Helix Partners suggests a belief in a potential turnaround for Cinemark, despite current stock performance [7][10]