SYY · 10-Q · 2026Q3 · Full report

Equity Offering and Share Repurchases

SYSCO CORP · 2026-11-04 · Importance 52 · Surprise 42

On September 16, 2026, Sysco issued 12,345,679 common shares at $81 per share and received approximately $967 million net of underwriting fees and issuance costs to help finance the proposed JRD acquisition. The company repurchased no shares in the first 13 weeks of fiscal 2027 and made no additional repurchases through October 16, 2026. The 2021 authorization permits up to $5.0 billion of repurchases, with approximately $1.3 billion remaining as of September 26, 2026.

Key facts

• Sysco faces risks related to its ability to return capital to stockholders, including the timing and amounts of dividends and share repurchases and any related plans or commitments. source
• On September 16, 2026, Sysco issued 12,345,679 common shares at $81.00 per share and received approximately $967 million net of underwriting fees and other issuance costs. source
• Sysco share-based compensation award exercises generated $37 million in proceeds in the first 13 weeks of fiscal 2027, compared with $43 million in the first 13 weeks of fiscal 2026. source
• Sysco’s May 2021 share repurchase authorization permits repurchases of up to $5.0 billion of common stock and remains available until fully utilized. source
• Sysco repurchased no shares in the first 13 weeks of fiscal 2027 and had approximately $1.3 billion of remaining authorization as of September 26, 2026. source