SYSCO CORP 10-Q

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 first quarter of fiscal 2024: 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 July 2 - July 29 292,233 $ 74.37 292,233 — Month #2 July 30 - August 26 593,685 73.18 593,685 — Month #3 August 27 - September 30 497,029 69.96 497,029 — Totals 1,382,947 $ 72.28 1,382,947 — (1) The total number of shares purchased includes no shares tendered by individuals in connection with stock option exercises in Month #1, Month #2 or Month #3. (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. In May 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, which will remain available until fully utilized. We repurchased 1,382,947 shares for $100.0 million during fiscal 2024. As of September 30, 2023, we had a remaining authorization of approximately $3.9 billion. We purchased 319,375 additional shares under our authorization through October 13, 2023. Item 3. Defaults Upon Senior Securities None 42 Item 4. Mine Safety Disclosures Not applicable