Odp Corporation (ODP) Stock Split History

Odp Corporation has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on May 23, 1989 with the ratio of 3-for-2, meaning that for 2 shares of ODP owned pre-split, shareholders then owned 3 shares. 5 more splits have been implemented since then. The most recent stock split took place on July 01, 2020 on a 1-for-10 basis.

These splits have increased ODP stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Odp Corporation's total market capitalization.

For more detailed information of Odp Corporation's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Odp Corporation has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when ODP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Odp Corporation's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.