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SYSCO CORPORATION-Form10-K 13
PARTII
ITEM5 Market for Registrant’s Common Equity,
Related Stockholder Matters andIssuer
Repurchasesof Equity Securities
The principal market for Sysco’s common stock (SYY) is the NewYork Stock Exchange. The table below sets forth the high and low sales prices per
share for our common stock as reported on the NewYork Stock Exchange Composite Tape and the cash dividends declared for the periods indicated.
Common Stock Prices Dividends
Declared
PerShareHigh Low
Fiscal 2011:
First Quarter $ 31.55 $ 27.13 $ 0.25
Second Quarter 30.18 28.22 0.26
Third Quarter 30.54 27.31 0.26
Fourth Quarter 32.76 27.81 0.26
Fiscal 2012:
First Quarter $ 31.73 $ 25.48 $ 0.26
Second Quarter 29.62 25.09 0.27
Third Quarter 31.18 28.70 0.27
Fourth Quarter 30.20 27.05 0.27
The number of record owners of Sysco’s common stock as of August15,2012 was 13,529.
As indicated in the table below, we did not make any share repurchases during the fourth quarter of fi scal 2012:
ISSUER PURCHASES OF EQUITY SECURITIES
Period
(a) Total
Number
of Shares
Purchased
(b) Average
Price Paid
perShare
(c) Total Number
ofShares Purchased
as Partof Publicly
Announced Plans
orPrograms
(d) Maximum Number
of Shares that MayYet
Be Purchased Under
the Plans or Programs
Month #1
April1– April28 - $ - - 23,386,600
Month #2
April29– May26 - - - 23,386,600
Month #3
May27– June30 - - - 23,386,600
TOTAL - $ - - 23,386,600
On August27,2010, the Board of Directors approved the repurchase of 20,000,000shares. On November16,2011, the Board of Directors approved the
repurchase of an additional 20,000,000shares. Pursuant to the repurchase program, shares may be acquired in the open market or in privately negotiated
transactions at the company’s discretion, subject to market conditions and other factors.
In July2004, the Board of Directors authorized us to enter into agreements from time to time to extend our ongoing repurchase program to include
repurchases during company announced “blackout periods” of such securities in compliance with Rule 10b5-1 promulgated under the Exchange Act.