|Bid||0.0000 x 800|
|Ask||2.5200 x 3000|
|Day's Range||2.4200 - 2.4900|
|52 Week Range||1.8700 - 4.4400|
|Beta (3Y Monthly)||3.49|
|PE Ratio (TTM)||0.63|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Eastman Kodak (KODK) announced today that it has adopted a Tax Asset Protection Plan (with the related rights being issued as a dividend to shareholders of record as of today) and filed an amendment to its certificate of incorporation in order to protect Kodak’s substantial tax assets. The Plan and the amendment have been approved by the written consent of a majority of Kodak’s common and preferred shareholders, and were described in an information statement mailed to Kodak shareholders on or about August 23, 2019. The Plan is designed to reduce the likelihood that Kodak will experience an ownership change that could adversely affect Kodak’s tax assets by discouraging any person from becoming a holder of 10% of Kodak’s common stock and by discouraging existing 10% shareholders from acquiring more than 1,000,000 additional shares.
Eastman Kodak Company (KODK) today announced that it has closed the previously announced issue and sale of $100 million aggregate principal amount of its 5.00% Secured Convertible Notes due 2021 (the “Convertible Notes”) to funds managed by Southeastern Asset Management, an employee-owned, global investment management firm. Kodak shareholders who are not affiliated with the purchasers of the Convertible Notes holding a majority of the outstanding shares of Kodak common stock not held by the purchasers of the Convertible Notes have entered into support agreements agreeing to execute written consents approving the conversion feature of the Convertible Notes and the issuance of shares of Kodak common stock upon conversion of the Convertible Notes.
Eastman Kodak Company (KODK) today announced that it has entered into an agreement for the issue and sale of $100 million aggregate principal amount of its 5.00% Secured Convertible Notes due 2021 (the “Convertible Notes”) to funds managed by Southeastern Asset Management, Inc., an employee-owned, global investment management firm (“Southeastern”). Kodak intends to use the net proceeds of the issuance and sale of the Convertible Notes to prepay in full its outstanding first lien term loans, and the remainder for general corporate purposes. To facilitate the Convertible Notes issuance, Kodak expects to enter into an amendment to its asset based revolving credit facility to permit the incurrence of the Convertible Notes.
Eastman Kodak Company today reported financial results for the first quarter 2019, including a net loss of $18 million on revenues of $291 million and continued growth in key product areas.
Eastman Kodak Company will release its first-quarter 2019 financial results on Thursday, May 9, at 4:15 p.m. Eastern Daylight Time over Business Wire and kodak.com Investor Relations webpage.
Today Eastman Kodak Company and Montagu Private Equity LLP announced the completion of the sale of Kodak’s Flexographic Packaging Division (FPD). The net proceeds from the transaction will be used by Kodak to reduce outstanding term debt. Over the past five years, FPD has grown and thrived within Kodak and become a significant player in the package printing industry.
Eastman Kodak Company today reported financial results for the full year 2018, including a net loss of $16 million on revenues of $1.3 billion and continued growth in key product areas.
NEW YORK, NY / ACCESSWIRE / April 1, 2019 / Eastman Kodak Company (NYSE: KODK ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on April 1, 2019 at 5:00 PM Eastern ...
Eastman Kodak Company will release its fourth-quarter and full-year 2018 financial results on Monday, April 1, at 4:15 p.m. Eastern Daylight Time over Business Wire and kodak.com Investor Relations webpage.
The Board of Directors of Eastman Kodak Company (KODK) ("the Company" or "Kodak") today announced the appointment of Jim Continenza as the company's new Executive Chairman, effective immediately. Continenza, who has served as Chairman of Kodak's Board of Directors since 2013, will continue as Board Chairman while also assuming the responsibilities of Jeffrey J. Clarke, who is stepping down after nearly five years as Chief Executive Officer.
NEW YORK, Nov. 13, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.