AMC Investor Presentation Deck
3 Balanced Approach to Capital Allocation
$231 million
Monetization of
Non-Strategic
Assets
Reduced Capital
Expenditures for
2018
Initiated $100 million
Share Repurchase
Program
• Sale of Open Road - $14 million of net proceeds
Sale/Lease back of 7 US Theatres - $128 million of net proceeds
Sale of National Cine Media stock - $89 million in net proceeds
Approx. 11 million shares of NCM stock to sell in 2018
●
●
• 2018 Capex guidance
●
●
Authorized August 2017
Two year term
• AMC repurchased approximately 48% of authorization as of
December 31, 2017
●
✓2018 net Capex expected to be between $450 and $500 million
✓Landlord contributions continuing in US and in Europe
✓ Bulk of Capex on Recliner renovations
●
No shares repurchased thus far in 2018
16View entire presentation