Kodak to List Common Stock on New York Stock Exchange
ROCHESTER, NY—October 29, 2013—Eastman Kodak will list its common shares on the New York Stock Exchange (NYSE) under the symbol “KODK” with trading beginning on November 1, 2013.
“This is an important moment for the new Kodak,” said Antonio M. Perez, Kodak’s CEO. “We are pleased to once again be listed on the NYSE. The change in our symbol reflects that we are a new company that is focused on business-to-business products and services, well-capitalized and firmly committed to delivering value to our shareholders and innovation to our customers.”
Duncan Niederauer, CEO, NYSE Euronext., also added: “We’re delighted to welcome the new Kodak to the NYSE community. Kodak is an outstanding B2B technology company, and we’re excited to partner with them for their long-term growth and success. The company’s listing on the NYSE underscores our strong momentum in technology listings and the value of our brand and innovative market model. We are proud to be a small part of Kodak's historic turnaround, and look forward to serving the company and its shareholders in the years ahead.”
The new Kodak is a global technology company offering breakthrough solutions and professional services in the packaging, graphic communications and functional printing markets. Kodak leverages its technical expertise to drive change in the industry, with products like high-speed Kodak Prosper presses and imprinting systems, Kodak Flexcel systems packaging solutions, and Kodak Sonora XP process free plates.
Kodak builds on its direct sales by partnering with other innovators, and in recent weeks, has formed key collaborations, including with Bobst in the packaging market. Kodak also has joint initiatives with Timsons for digital printing and with UniPixel and Kingsbury for the production of functionally printed touch-screen sensors.
Upon Kodak’s emergence from Chapter 11 restructuring on Sept. 3, 2013, the then-outstanding stock of the company was cancelled, and the company issued new common stock that has been trading since that time under the symbol “EKOD” on over-the-counter venues. Upon listing on the NYSE, the new common stock will cease to be quoted on over-the-counter venues.
Kodak is a technology company focused on imaging for business. Kodak serves customers with disruptive technologies and breakthrough solutions for the product goods packaging, graphic communications and functional printing industries. The company also offers leading products and services in Entertainment Imaging and Commercial Films.