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Eastman Kodak Co. stock is slated to return to the New York Stock Exchange on Friday. Its common shares are to trade under the symbol KODK, the company said Tuesday.
“This is an important moment for the new Kodak,” CEO Antonio Perez said. “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.”
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 has been trading since that time under the symbol EKOD on over-the-counter venues.
“We’re delighted to welcome the new Kodak to the NYSE community,” said Duncan Niederauer, CEO, NYSE Euronext. “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.”
Kodak voluntarily delisted from the NYSE on Jan. 19, 2012, when it filed for Chapter 11. It had traded as EK.
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