Item 1A. Risk Factors
3K characters. Original on sec.gov ·
Item 1A. Risk Factors
For a discussion of our risk factors, see the section entitled “Risk Factors” in our fiscal 2025 Form 10-K.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Recent Sales of Unregistered Securities
None.
Issuer Purchases of Equity Securities
We made the following share repurchases during the second quarter of fiscal 2026:
| ISSUER PURCHASES OF EQUITY SECURITIES | |||||||||||||||||||||||
| Period | Total Number of Shares Purchased (1) | Average Price Paid per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) | Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs | |||||||||||||||||||
| Month #1 | |||||||||||||||||||||||
| September 28 - October 25 | — | $ | — | — | — | ||||||||||||||||||
| Month #2 | |||||||||||||||||||||||
| October 26 - November 22 | 3,549 | 75.33 | — | — | |||||||||||||||||||
| Month #3 | |||||||||||||||||||||||
| November 23 - December 27 | — | — | — | — | |||||||||||||||||||
| Totals | 3,549 | $ | 75.33 | — | — |
| (1) | The total number of shares purchased includes 0, 3,549, and 0 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 2, “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. | ||||
On May 20, 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, in which the program will remain available until fully utilized.
We repurchased no shares under our share repurchase program during the first 26 weeks of fiscal 2026. As of December 27, 2025, we had a remaining authorization of approximately $1.5 billion. We repurchased no additional shares under our authorization from the end of our fiscal second quarter through January 9, 2026.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
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