I believe that $AMC had to cancel the dividend as part of the loan terms on a note so they would have to take care of that credit facility first.
I would love Divies as I have 8400+ shares
I wish I could find the link and this is from a prior post someone made a platform I can not remember, they also cancelled the share buy back at around the same time
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I have to wonder if AA wanted the 25 million shares to raise money for a short-crushing 2022 dividend.
Shorts have to pay dividends on their borrowed shares- that would be the icing on their coffin.