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News Breaks
June 2, 2014
10:07 EDTSYYSysco says in 'a good place' regarding U.S. Foods merger
Sees cost synergies at a minimum of $600M. Says working with FTC in "very collaborative" way. Says weather impacted January, February, says March bounced back, saw "nice" sales growth. Says expects to remain acquisitive. Says would like to grow dividend at 40%-50% of earnings. Comments made at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference.
News For SYY From The Last 14 Days
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September 28, 2015
17:04 EDTSYYSysco announces $1.5B accelerated share repurchase program
Sysco announced that it has entered into accelerated share repurchase agreements to repurchase an aggregate of $1.5B of the company's common stock with an initial delivery of approximately 32M shares based on current market prices. The ASR is part of Sysco's $3B share repurchase program previously authorized by its board of directors and announced on June 29. Purchases under the ASR are expected to be completed by May 2016.
September 25, 2015
11:00 EDTSYYSysco management to meet with Jefferies
Meeting to be held in Boston on October 2 hosted by Jefferies.
September 21, 2015
08:02 EDTSYYGuest Supply acquires Gilchrist & Soames
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