This Week
  • Jewish Senior Life to remake Brighton campus with Green House residences.

  • The growth of mobile banking is expected to continue, driven by customer demand.

  • Natalie Sinisgalli turned a high-school dream into a studio of her own.

  • GM Charles Samuels aims to keep 13WHAM's lead in the local TV market.

  • Fegional Computer Recycling & Recovery is one of the largest electronics recyclers in N.Y.

  • The RBJ 75 supplement presents a list of the 75 largest private-sector employers.

Kodak stock begins trading on the New York Stock Exchange

Rochester Business Journal
November 1, 2013

Eastman Kodak Co. stock returned to the New York Stock Exchange on Friday, trading under the symbol KODK.

The stock jumped initially, climbing to $27.50 after opening at $26.30. The stock closed at $26.25.

Upon Kodak’s emergence from Chapter 11 restructuring on Sept. 3, the outstanding stock of the company was cancelled, and the company issued new common stock that had been trading since that time under the symbol EKOD on over‐the‐counter venues.

“This is an important moment for the new Kodak,” CEO Antonio Perez said in a statement this week. “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.”

Kodak voluntarily delisted from its longtime home--it first was listed there April 12, 1905--on the NYSE on Jan. 19, 2012, when it filed for Chapter 11. It had traded as EK.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google