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@OfficeDepot

Press Releases - Corporate/Financial

  • 1/30/17 7:30 am EST
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ:ODP), a leading global provider of office supplies and services, today announced that its Board of Directors has appointed Gerry P. Smith as Chief Executive Officer of the company, effective February 27, 2017. Gerry Smith will succeed current CEO Roland Smith, who previously announced his intention to retire from the company. An experienced executive, Gerry Smith currently serves as Executive Vice Presidentmore...
  • 1/2/17 7:30 am EST
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ:ODP), a leading global provider of office supplies and services, today announced the completion of the sale of its European business to The AURELIUS Group. This transaction is part of the company's recently announced international divestiture strategy to focus on opportunities in its North American business. About Office Depot, Inc. Office Depot, Inc. is a leading global provider of products, servicesmore...
  • 11/2/16 6:50 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP) announced that its Board of Directors declared a dividend of $0.025 per share ($0.10 per share on an annualized basis) on the common stock of the Company. The dividend is payable on December 15, 2016, to shareholders of record at the close of business on November 25, 2016. About Office Depot, Inc. Office Depot, Inc. is a leading global provider of products, services, and solutions formore...
  • 11/2/16 6:50 am EDT

    Streamlining Operations to Focus on North American Business

    Implementation of 3-Year Strategic Plan Underway

    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (“Office Depot,” or the “company”) (NASDAQ: ODP), a leading global provider of office products, services, and solutions, today announced results for the third quarter ended September 24, 2016. “During the third quarter we made substantial progress on the opportunities identified in our new three year strategic plan,” said Roland Smith, chairman and chief executive officer for Office Depot. “We announced a deal to sellmore...
  • 10/19/16 5:00 pm EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ:ODP), a leading global provider of office products, services, and solutions, will announce fiscal third quarter 2016 results before market open on Wednesday, November 2, 2016. A conference call to discuss the results will be held that day at 9:00 a.m. Eastern Time. To listen to the conference call via webcast, please visit the Office Depot Investor Relations website at investor.officedepot.com. A replaymore...
  • 9/23/16 12:10 pm EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ:ODP) today announced that it intends to sell its European business to The AURELIUS Group. Office Depot had previously disclosed its intention to explore strategic alternatives regarding its European business, under a process that began earlier this year. “The sale of our European business will allow us to streamline operations and focus our resources on markets that will provide the bestmore...
  • 9/6/16 9:00 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ:ODP), a leading global provider of office products, services, and solutions, through its Office Depot and OfficeMax brands, today announced that the company’s global headquarters in Boca Raton, Florida, has been awarded Gold Re-Certification under the U.S. Green Building Council (USGBC)’s Leadership for Energy and Environmental Design (LEED) for Existing Buildings: Operations and Maintenance rating systemmore...
  • 8/22/16 7:30 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ:ODP) today announced that Roland Smith plans to retire as Chief Executive Officer of the company. Smith will continue to serve as CEO until a successor is named, which is expected by the end of first quarter 2017. It is expected Smith will remain Chairman of the Board. The Board of Directors will evaluate, with the assistance of an executive search firm, both internal and external candidates for CEO. “Sincemore...
  • 8/3/16 6:50 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP) today announced it intends to call its 9.75% Senior Secured Notes due 2019 (the “Notes”) for redemption on September 15, 2016. The Notes will be redeemed for cash at a price equal to 104.875% of the principal amount of the Notes plus accrued and unpaid interest up to, but excluding, the redemption date (the “Redemption Price”). The aggregate principal outstanding of the Notes is $250,000,000. Frommore...
  • 8/3/16 6:50 am EDT
    BOCA RATON, Fla.--(BUSINESS WIRE)--Office Depot, Inc. (NASDAQ: ODP) announced that its Board of Directors declared a dividend of $0.025 per share ($0.10 per share on an annualized basis) on the common stock of the Company. The dividend is payable on September 15, 2016, to shareholders of record at the close of business on August 25, 2016. Office Depot Chairman and CEO, Roland Smith, commented, “The initiation of a quarterly dividend reflects confidence in our ability tomore...