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Security Profile
- Security Type
- Common Stock
- CUSIP
- 88337F105 (prev. 676220106 )
- Market Cap
- Large Cap
- Previous Name
- Office Depot, Inc.
Business: The ODP Corporation is a leading provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses. ODP, operating through its direct and indirect subsidiaries, maintains a fully integrated B2B distribution platform. Through its banner brands Office Depot, OfficeMax, CompuCom and Grand&Toy, as well as others, the Company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business.
Notes: June 26, 2020 -- Office Depot, Inc. (NASDAQ: ODP) (the “Company”), a leading provider of business services and supplies, products and technology solutions through an integrated B2B distribution platform, today announced that its Board of Directors has approved a reverse stock split of the Company’s common stock at a ratio of 1-for-10, to become effective at 4:01 p.m. EDT on June 30, 2020. <p>March 31, 2020 -- Office Depot, Inc. (NASDAQ: ODP), a leading integrated business-to-business distribution platform of business services and supplies, today announced that following the completion of its previously announced feasibility review, its Board of Directors approved proceeding with the implementation of a holding company reorganization. When implemented, Office Depot will become a wholly owned subsidiary of a new holding company, The ODP Corporation, which will replace Office Depot as the public company trading on Nasdaq under Office Depot’s current ticker symbol “ODP”. Existing shares of Office Depot will be automatically converted into shares of common stock of The ODP Corporation. As disclosed in the Company’s definitive proxy statement filed with the Securities and Exchange Commission (“SEC”) on March 26, 2020, if approved by the Company’s shareholders, the Board may decide to implement a reverse stock split substantially concurrently with the consummation of the holding company reorganization.
Company Contact
- CEO
- Gerry P. Smith
- CFO
- D. Anthony Scaglione
- Headquarters
- 6600 North Military Trail, Boca Raton, FL 33496
- Phone
- 561-438-4800 · Toll-Free 800-463-3768
- Investor Relations
- Tim Perrott · 561-438-4629 · Timothy.Perrott@officedepot.com