Office Depot plans transfer to Nasdaq
Boca Raton, Fla. – Office Depot Inc. will transfer the listing of its common stock from the New York Stock Exchange to the Nasdaq Global Select Market. The company expects its common stock to cease trading on the NYSE effective at the close of business on Sept. 25, and to commence trading on Nasdaq on Sept. 26, when the market opens.
The company will retain its current ticker symbol “ODP” when trading begins on Nasdaq.
“We are pleased to partner with Nasdaq as our new stock market listing,” said Stephen Hare, Office Depot’s executive VP and CFO. “We believe Nasdaq will provide an ideal trading platform for Office Depot and cost effective access to a portfolio of tools and services to reach investors. “While we are looking forward to our new relationship with Nasdaq, the NYSE was our listing home for many years, and they have served us well over that time.”