Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Office Depot Inc    

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Office Depot Inc : Office Depot Amends Deadline for Nominating Directors to Board for 2013 Annual Meeting

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/22/2013 | 05:45pm CEST

Office Depot, Inc.(NYSE: ODP), a leading global provider of office supplies and services, today announced that, after further discussions with Starboard Value LP (which together with its affiliates owns slightly less than 15 percent of the Company's outstanding Common Stock), its Board of Directors has amended and restated the Company's Bylaws to amend the deadline for stockholders to nominate candidates for election to the Company's Board of Directors at the Company's 2013 annual meeting of stockholders to no later than the close of business on the tenth day following the day on which public announcement of the date of the Company's 2013 annual meeting of stockholders is made.

About Office Depot

Office Depot provides office supplies and services through 1,629 worldwide retail stores, a field sales force, top-rated catalogs and global e-commerce operations. Office Depot has annual sales of approximately $10.7 billion, employs about 38,000 associates and serves customers in 59 countries around the world.

Office Depot's common stock is listed on the New York Stock Exchange under the symbol ODP. Additional press information can be found at: http://mediarelations.officedepot.com and http://socialpress.officedepot.com/.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS: The Private Securities Litigation Reform Act of 1995, as amended, (the "Act") provides protection from liability in private lawsuits for "forward-looking" statements made by public companies under certain circumstances, provided that the public company discloses with specificity the risk factors that may impact its future results. We want to take advantage of the "safe harbor" provisions of the Act. Certain statements made in this press release are forward-looking statements under the Act. Except for historical financial and business performance information, statements made in this press release should be considered forward-looking as referred to in the Act. Much of the information that looks towards future performance of our company is based on various factors and important assumptions about future events that may or may not actually come true. As a result, our operations and financial results in the future could differ materially and substantially from those we have discussed in the forward-looking statements made in this press release. Certain risks and uncertainties are detailed from time to time in our filings with the United States Securities and Exchange Commission ("SEC"). You are strongly urged to review all such filings for a more detailed discussion of such risks and uncertainties. The Company's SEC filings are readily obtainable at no charge at www.sec.gov and at www.freeEDGAR.com, as well as on a number of other commercial web sites.

Additional Information and Where to Find It

The Company plans to file with the SEC a proxy statement and white proxy card on Schedule 14A in connection with the 2013 annual meeting of stockholders (the "2013 Proxy Materials"). The 2013 Proxy Materials will contain important information about the Company, the 2013 annual meeting and related matters. Stockholders are urged to read the 2013 Proxy Materials carefully when they are available. Stockholders will be able to obtain free copies of the 2013 Proxy Materials and other documents filed with the SEC by the Company through the web site maintained by the SEC at www.sec.gov and by contacting the Company's Department of Investor Relations at 6600 North Military Trail, Boca Raton, FL 33496. In addition, stockholders can obtain free copies of the documents filed with the SEC on the Company's website at www.officedepot.com.

Participants in the Solicitation

The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the 2013 annual meeting. Information regarding the Company's executive officers and directors is included in the Company's definitive proxy statement, which was filed with the SEC on March 15, 2012. The 2013 Proxy Statement regarding the 2013 annual meeting will provide more information about participants in the solicitation of proxies from the Company's stockholders, which participants may have interests different from the Company's stockholders generally. You can obtain free copies of these documents from the Company using the contact information above.

Office Depot, Inc.
Brian Turcotte, 561-438-3657
Investor Relations
[email protected]
or
Brian Levine, 561-438-2895
Public Relations
[email protected]


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on OFFICE DEPOT INC
04/27 OFFICE DEPOT : SMC³ Announces Initial Speakers for Connections 2017
04/26 OFFICE DEPOT : Completes Sale of Business in South Korea
04/25 OFFICE DEPOT, INC. : to Announce First Quarter 2017 Results Tuesday, May 9, 2017
04/25 OFFICE DEPOT : Teams with Washington Elementary School to Revitalize the School
04/24 OFFICE DEPOT, INC. : Teams with Washington Elementary School to Revitalize the S..
04/19 OFFICE DEPOT : Platinum Equity to Acquire OfficeMax Business in Australia and Ne..
04/19 OFFICE DEPOT : Announces Deal to Sell Operations in Australia and New Zealand to..
04/18 OFFICE DEPOT : Releases Ninth Annual Diverse Supplier Catalog; 2017 Catalog Show..
04/17 OFFICE DEPOT, INC. : Releases Ninth Annual Diverse Supplier Catalog
04/17 OFFICE DEPOT, INC. (NASDAQ : ODP) Files An 8-K Departure of Directors or Certain..
More news
Sector news : Office Supplies & Stationery Stores
04/26DJOnline, Under Armour Spreads Itself Thin
04/21 FTSE edges down, scores worst week in over five months
04/20 MARKS AND SPENCER : Retailer Marks & Spencer says plans to close six British sto..
04/19 GRANDVISION : to acquire Tesco's British optician chain
04/18 European shares hit three-week lows amid jitters over British, French votes
More sector news : Office Supplies & Stationery Stores
Advertisement
Financials ($)
Sales 2017 10 356 M
EBIT 2017 463 M
Net income 2017 227 M
Finance 2017 383 M
Yield 2017 1,61%
P/E ratio 2017 10,61
P/E ratio 2018 9,72
EV / Sales 2017 0,23x
EV / Sales 2018 0,25x
Capitalization 2 791 M
More Financials
Chart OFFICE DEPOT INC
Duration : Period :
Office Depot Inc Technical Analysis Chart | US6762201068 | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Consensus 
Mean consensus HOLD
Number of Analysts 14
Average target price 4,79 $
Spread / Average Target -3,7%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Gerry P. Smith Chief Executive Officer
Roland C. Smith Chairman
Troy A. Rice Chief Operating Officer-North America
Stephen E. Hare Chief Financial Officer & Executive Vice President
Todd Hale Global Chief Information Officer & Executive VP
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
OFFICE DEPOT INC0.38%2 791
LUXOTTICA GROUP SPA4.11%28 075
ULTA BEAUTY INC10.39%17 488
SM INVESTMENTS CORPORA..--.--%17 465
DUFRY AG28.35%8 818
NEXT PLC-13.61%8 195
More Results