Kodak Completes Pension Reversion Process, Delivering Over $1 Billion to Strengthen Balance Sheet, Fully Fund New Benefit Plan, and Accelerate Growth

Core Insights - Kodak has completed its pension reversion process, which has resulted in over $1 billion being delivered to strengthen its balance sheet, fully fund a new benefit plan, and accelerate growth [1] Group 1 - The pension reversion process has provided Kodak with significant financial resources, totaling over $1 billion [1] - The funds will be utilized to enhance the company's balance sheet, ensuring greater financial stability [1] - Kodak aims to fully fund a new benefit plan with the proceeds from the pension reversion, indicating a commitment to employee benefits [1] - The company plans to use the additional capital to accelerate growth initiatives, suggesting a focus on expansion and investment in future opportunities [1]