---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-240047"
form_type: "8-K"
ticker: "IMAX"
cik: "0000921582"
company_name: "IMAX CORP"
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T14:53:12.571278+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IMAX increases share-repurchase program by $200M to $400M total authority

## Summary
- Board authorized $200M increase, raising total buyback authority to $400M through June 30, 2023.
- Since July 2017, IMAX repurchased ~10M shares (15% net reduction in shares outstanding) for ~$175M.
- Remaining authorization is ~$225M, including $25M from the prior program.
- Repurchases may be in open market or private transactions via 10b5-1 plans, with no obligation to repurchase.
- Ontario Securities Commission exemption allows repurchases up to 15% of outstanding shares in any 12-month period.

## SEC filing metadata
- accession: 0001193125-22-240047
- form_type: 8-K
- ticker: IMAX
- cik: 0000921582
- company_name: IMAX CORP
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921582/000119312522240047/0001193125-22-240047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921582/000119312522240047/d373430d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-240047
- JSON: https://secwatch.observer/filing/0001193125-22-240047.json
- Plain text: https://secwatch.observer/filing/0001193125-22-240047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.