Office Depot (NASDAQ:ODP) confirmed that its previously announced reverse stock split (1-for-10) will become effective at 4:01 p.m. EDT today. Confirms Reverse Stock Split will be Effective at 4:01 p.m. EDT on June 30, 2020; Trading on Split-Adjusted Basis to Commence July 1, 2020 Reverse Stock Split Implemented at a 1-for-10 Ratio Effective at 4:01 p.m. EDT on June 30, 2020 This was a 2 for 1 split, meaning for each share of ODP owned pre-split, the shareholder now owned 2 shares. From basic office supplies, such as printer paper and labels, to office equipment, like file cabinets and stylish office furniture, Office Depot and OfficeMax have the office products you need to get the job done.Maintain a well-stocked office breakroom.Save on printer ink and toner to keep your office efficient and … The first split for ODP took place on May 26, 1992. After the markets close today, Office Depot stock will undergo a 1-for-10 reverse split. The all-time high ODP stock closing price was 444.60 on May 11, 2006.; The ODP 52-week high stock price is 48.12, which is 12.2% above the current share price. All outstanding shares of Office Depot have been automatically converted into shares of common stock in the company, and Office Depot now operates as a wholly owned subsidiary of The ODP Corp. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 30th 2020. Retail traders jumped in, making it the largest gainer on Robinhood. Office Depot, Inc. (ODP) has announced a 1-for-10 reverse stock split and name change. The ODP's stock reverse split before market open on Wednesday, July 1st 2020. This is following a 1-for-10 reverse stock split and broader reorganization. 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 confirmed that its previously announced reverse stock split of the Company’s common stock at a ratio of 1-for-10 will … The reverse stock split and name … Office Depot plans a 1-for-10 reverse stock split after the market closes on Tuesday. The reverse stock split takes place on a 1-for-10 ratio and went into effect on Tuesday. Historical daily share price chart and data for ODP since 1990 adjusted for splits. For example, a 1000 share position pre-split, became a 2000 share position following the split. Shares of Office Depot Inc. ODP, -0.16% rose 0.7% in midday trading Tuesday, ahead of the previously announced reverse stock split, which is aimed at increasing the shares' trading price. Review with ratios, actual prices and calculator for shares. ; The ODP 52-week low stock … As a result of the reverse stock split and name change, each ODP Common Share will be converted into the right to receive 0.10 (New) The ODP Corporation (ODP) Common Shares. ODP (ODP) has 5 splits in our ODP split history database. Office Depot Inc. said Friday its board has approved a 1-for-10 reverse stock split effective June 30. 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 confirmed that its previously announced reverse stock split of the Company’s common stock at a ratio of 1-for-10 will … 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 … Announces 1-for-10 Reverse Stock Split to be Effective June 30, 2020 Boca Raton, FL, June 26, 2020 – Office Depot, Inc. (NASDAQ: ODP) (the … Out Of Stock Item 9844053 HP Business E243 23.8" Full HD LED LCD Monitor - 16:9 - 1920 x 1080 - 250 Nit - 5 ms - HDMI - VGA - DisplayPort - USB Hub As of this writing, the price per share is $2.20. Office Depot, Inc. Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content. Here’s what investors need to know about the Office Depot reverse stock split.. A reverse split, like a stock split, doesn’t change the fundamentals. Exhibit 99.1 CONTACTS: Tim Perrott Danny Jovic Investor Relations Media Relations 561-438-4629 561-438-1594 [email protected] [email protected] Office Depot, Inc. All outstanding shares of Office Depot have been automatically converted into shares of common stock in The ODP Corporation, and Office Depot now operates as a wholly-owned subsidiary of … The latest closing stock price for ODP as of January 28, 2021 is 42.87.. Shares of Office Depot Inc. fell in morning trading Wednesday, after a reverse stock split in effect multiplied the price by 10. Log In Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. The ODP Corp. replaces Office Depot Inc. as the public company trading on Nasdaq under the ticker symbol “ODP”. ODP Dividends News. Reverse Stock Split Implemented at a 1-for-10 Ratio Effective at 4:01 p.m. EDT on June 30, 2020 Split history for Office Depot Inc. Stock ODP has had 5 splits. Office Depot ODP Stock Analysis // ODP Stock was one of the hottest stocks last week on the Robinhood platform, so I had to dig deeper. Neither the holding company reorganization nor the reverse stock split is expected to result in a change in the directors, executive officers, management or business of Office Depot. Office Depot (ODP) Confirms Reverse Stock Split will be Effective at 4:01 p.m. EDT on June 30; Office Depot (ODP) Announces 1-for-10 Reverse Stock Split to be Effective June 30 Office Depot became a unit of newly created ODP Corp last year. Office Depot (NASDAQ:ODP) has approved a 1-for-10 reverse stock split of its common stock, effective post-market on June 30, 2020. ADVERTISEMENT (Reporting by Nivedita Balu in Bengaluru; Editing by Bernard Orr, Maju Samuel, and Arun Koyyur) Related Articles Office Depot, Inc. 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