Kodak Stock Is Rising. It Found a Boatload of Cash—in the Pension Plan.
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Kodak is considering terminating its retiree pension plan, which could be beneficial for stockholders as it may free up a significant amount of cash.
November 26, 2024 | 5:15 pm
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Kodak is considering terminating its retiree pension plan, potentially freeing up a large amount of cash. This move could positively impact Kodak's stock price as it may improve the company's financial flexibility.
The termination of the pension plan could release a substantial amount of cash, which may be used to improve Kodak's financial position or invest in growth opportunities. This is likely to be seen as a positive development by investors, potentially driving the stock price up.
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