Sysco prices 12,345,679-share common stock offering at $81 per share
SYY•Use of proceeds
Net proceeds are earmarked to fund part of the consideration for the pending Jetro Restaurant Depot acquisition.
Offering proceeds are not contingent on completion of the acquisition.
Offering priced and expected closing
Sysco priced a public offering of 12,345,679 common shares at $81 per share.
The deal is expected to close Sept. 16, 2026, subject to customary closing conditions.
Underwriters have a 30-day option to buy up to an additional $150 million of shares to cover overallotments.
