Company: SYY
Filing Date: 2025-08-22
Form Type: 10-K
Source: 0000096021-25-000099
Chunk: 134

Company: SYSCO CORP
Filing Date: 2025-08-22
Form: 10-K
Item: Item 5
Chunk 134
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Item 5.  Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

The principal market for Sysco’s common stock (symbol:SYY) is the New York Stock Exchange. The number of record owners of Sysco’s common stock as of August 5, 2025 was 6,672.

In April 2025, we declared our regular quarterly dividend for the fourth quarter of fiscal 2025 of $0.54 per share, representing an increase of $0.03 per share. This dividend was paid in July 2025. We currently expect that comparable quarterly cash dividends will continue to be paid in the future; however, future declarations of dividends and the establishment of future record and payment dates are subject to the final determination of our Board of Directors.

Issuer Purchases of Equity Securities

We made the following share repurchases during the fourth quarter of fiscal 2025:

Period (a) Total Number of Shares Purchased (1)(b) Average Price Paid per Share(c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)(d) Maximum Number of Shares that May Yet Be Purchased Under the Plans or ProgramsMonth #1    March 30 - April 261,197,396 $72.04 1,197,396 — Month #2April 27 - May 243,022,284 71.35 3,022,284 — Month #3May 25 - June 283,352,333 74.05 3,352,333 — Totals7,572,013 $72.65 7,572,013 — 

(1)The total number of shares repurchased includes 0, 0, and 1,888 shares tendered by individuals in connection with stock option exercises in Month #1, Month #2 and Month #3, respectively.(2)See the discussion in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and Capital Resources – Equity Transactions” for additional information regarding Sysco’s share repurchase program.

In May 2021, our Board of Directors approved a share repurchase program to authorize the repurchase of up to $5.0 billion of the company’s common stock, which will remain available until fully utilized.

We repurchased 16,988,703 shares for $1.3 billion during fiscal