NYSE:SYYConsumer Retailing
Sysco (NYSE:SYY) Completes US$3 Billion Share Buyback Program with 7.67% Repurchase
Sysco (NYSE:SYY) recently updated its buyback program, completing the repurchase of over 38 million shares since 2021. Despite these share buybacks, the company's stock saw a 2% decline over the past week. During this period, Sysco increased its quarterly dividend by $0.03 to $0.54 per share and provided fiscal guidance, projecting a 3% sales growth for FY 2025. In contrast to Sysco's share price decline, the broader market, represented by indices such as the Dow Jones and S&P 500,...