Office Depot (ODP) Initiates Qtr. Dividend at 2.5c/Share; Yields 3%
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Office Depot, Inc. Announces Second Quarter 2016 Results
August 3, 2016 6:50 AM EDTAnnounces Debt Retirement, Initiation of Quarterly Dividend, Expanded Share Repurchase Plan
Identifies Initiatives for Future Growth
Expands U.S. Retail Optimization and Store of the Future Plan
Launches $250 Million Cost Savings Program
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 second quarter ended June 25, 2016.
We are making good progress rebuilding our sales pipeline and moving our overall... More
