Thread regarding Office Depot Inc. layoffs

Way to go Michael R. Allison!!!!!!!

In related news, EVP Michael R. Allison sold 23,434 shares of the business’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $3.64, for a total value of $85,299.76. Following the completion of the sale, the executive vice president now owns 625,883 shares of the company’s stock, valued at approximately $2,278,214.12. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.47% of the stock is owned by corporate insiders.

Office Depot Inc. (ODP) To Go Ex-Dividend on November 22nd

November 20th, 2016 - 0 comments - Filed Under - by Latisha Jones

Office Depot logoOffice Depot Inc. (NASDAQ:ODP) announced a quarterly dividend on Wednesday, November 2nd. Stockholders of record on Friday, November 25th will be given a dividend of 0.025 per share on Thursday, December 15th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend is Tuesday, November 22nd..................

A number of large investors have recently bought and sold shares of ODP. BlackRock Investment Management LLC raised its stake in Office Depot by 142.9% in the second quarter. BlackRock Investment Management LLC now owns 3,495,637 shares of the company’s stock valued at $11,571,000 after buying an additional 2,056,633 shares during the period. BlackRock Inc. raised its stake in Office Depot by 99.2% in the second quarter. BlackRock Inc. now owns 469,908 shares of the company’s stock valued at $1,555,000 after buying an additional 234,025 shares during the period. BlackRock Fund Advisors raised its stake in Office Depot by 55.7% in the second quarter. BlackRock Fund Advisors now owns 25,746,706 shares of the company’s stock valued at $85,222,000 after buying an additional 9,205,342 shares during the period. BlackRock Institutional Trust Company N.A. raised its stake in Office Depot by 17.2% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 17,292,218 shares of the company’s stock valued at $57,237,000 after buying an additional 2,540,535 shares during the period. Finally, Ameritas Investment Partners Inc. raised its stake in Office Depot by 64.5% in the second quarter. Ameritas Investment Partners Inc. now owns 121,411 shares of the company’s stock valued at $402,000 after buying an additional 47,624 shares during the period. Hedge funds and other institutional investors own 95.27% of the company’s stock.

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