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The Odp Corporation (ODP) |
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 ODP $50.1300
$-1.0500
-2.05%
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 Volume (M):
600
Open :
51.31 52 Wk Avg :
47.46
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 ODP $50.1300
$-1.0500
-2.05%
|
 Volume (M):
600
Open :
51.31 52 Wk Avg :
47.46
|
|
ODP Today's High:
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$51.32
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ODP Shares One Week Perf:
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-2.58 %
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ODP Today's Low: |
$ 50.03 |
ODP Shares 30 Day Performance: |
-7.48 % |
Number of ODP Shares Traded (M): |
600 |
ODP Share Price 52 Wk High: |
$ 58.98 |
Value of ODP's Shares Traded (M$): |
$ 30,083 |
ODP Share Price 52 Wk Avg: |
$47.46 |
Share Price at the Open: |
$51.31 |
ODP's Share Price 52 Wk Low: |
$39.36 |
News about The Odp Corporation's Stock Splits and Dividends |
The ODP Corporation Partners with Matthews South for Execution of New Share Repurchase Program The ODP Corporation (NASDAQ:ODP) has announced a partnership with Matthews South to optimize the execution of its newly authorized $1 billion share repurchase program. With 39.106 million shares outstanding and a current price of $54.41, this strategic move could have a significant impact on the company's shares. Stay tuned for updates on how this partnership will shape the future of The ODP Corporation
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In a recent press release, AREX Capital, a renowned global investment firm, has called upon The ODP Corporation (NYSE: ODP) to initiate critical structural changes. These changes primarily focus on relaunching the Office Depot separation and the sale of Varis, both of which AREX Capital believes will drive enhanced shareholder value. As one of the key stakeholders in The ODP Corporation, AREX Capital's proposal carries significant weight within the financial community. This article will delve into the details of their recommendations and analyze the potential impact on The ODP Corporation and its shareholders. Structural Changes Proposed by AREX Capital: 1. Relaunching the Office Depot Separation: AREX Capital is urging The ODP Corporation to reconsider the previous decision to abandon the Office Depot separation. By pursuing this separation, The ODP Corporation can unlock significant value for its shareholders. This strategic move would allow the company to focus on and maximize the potential of both its Retail and B2B segments independently, thereby streamlining operations and improving long-term prospects for each division.
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