SYY · 10-K · 2026A · Full report

Capital Return Program

SYSCO CORP · 2026-08-21 · Importance 65 · Surprise 82 · In source text

Sysco repurchased 2,230,415 shares for $200 million in fiscal 2026, compared with $1.3 billion of repurchases in fiscal 2025. The May 2021 authorization permits up to $5.0 billion of repurchases and had approximately $1.3 billion remaining as of June 27, 2026. Sysco suspended the program in connection with the Jetro Restaurant Depot transaction and does not anticipate repurchasing shares in fiscal 2027. Fiscal 2026 dividends totaled $1.0 billion, or $2.16 per share, compared with $1.0 billion, or $2.04 per share, in fiscal 2025; the fourth-quarter fiscal 2026 dividend was $0.55 per share and was paid in July 2026.

Key facts

• Sysco suspended its share repurchase program in connection with the Transactions and does not anticipate repurchasing shares in fiscal 2027. source
• In April 2026, Sysco declared a fourth-quarter fiscal 2026 dividend of $0.55 per share, an increase of $0.01 per share, paid in July 2026. source
• Sysco repurchased 2,230,415 shares for $200 million in fiscal 2026 and had approximately $1.3 billion remaining under its authorization as of June 27, 2026. source
• Sysco paid dividends of $1.0 billion, or $2.16 per share, in fiscal 2026, compared with $1.0 billion, or $2.04 per share, in fiscal 2025. source
• Sysco paid $1.0 billion in dividends in fiscal 2026. source
• Sysco paid $200 million for treasury stock repurchases in fiscal 2026, compared with $1.3 billion in fiscal 2025. source
• Sysco may not effectively execute its capital allocation framework. source
• Sysco’s ability to return capital to stockholders is subject to risks, including the timing and amounts of dividends and share repurchases. source

Impact estimates