NEW YORK (Reuters) - Office Depot Inc (ODP.N: Quote, Profile, Research) said on Wednesday its stockholders reelected all 12 directors, rejecting calls by a dissident group to remove CEO Steve Odland from the board.

"With the proxy contest behind us, we can now focus all of our energy on taking care of business and continuing to implement our strategic plan," Odland said in a statement.

Woodbridge Group, a shareholder group that includes real estate firm Levitt Corp LEV.N, had sought to oust Odland and former CEO David Fuente from the board.

The group estimated 30 percent to 40 percent of shareholders either voted against or withheld votes from several directors.

"Shareholders are no longer willing to accept the status quo and continue to watch the value of their investments decline," said Levitt Corp Chairman Alan Levan.

Woodbridge had sought to elect former Office Depot President Mark Begelman and former Staples Inc (SPLS.O: Quote, Profile, Research) President Martin Hanaka to the board.

Office Depot, the second-largest U.S. office supply chain behind industry leader Staples, has seen its stock price plummet more than 60 percent in the last year.

The company has been hit hard as slowing job growth, the weak U.S. housing market and the credit crisis have led small businesses -- its core customers -- to cut spending.

Office Depot shares were up 14 cents to $11.51 in afternoon trading on the New York Stock Exchange.

(Reporting by Justin Grant, editing by Mark Porter and John Wallace)