Form 8-K · Current report
Sysco 8-K, filed Sep 16, 2026
- Filed
- CIK
- 0000096021
- Accession no.
- 0001104659-26-108285
Summary
Sysco completed a public offering of 12,345,679 shares of common stock at $81.00 per share, raising approximately $967.4 million in net proceeds that it expects to use for part of the cash consideration in its pending acquisition of JRD Unico, Inc. and Warehouse Realty, LLC. The offering closed on September 16, 2026, under an underwriting agreement dated September 14, 2026 with representatives Goldman Sachs, TD Securities, BofA Securities, J.P. Morgan and Wells Fargo.
Key points
- Sysco sold 12,345,679 shares of common stock at $81.00 per share under an underwriting agreement dated September 14, 2026, with Goldman Sachs & Co. LLC, TD Securities (USA) LLC, BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC as representatives of the underwriters.
- Sysco granted the underwriters a 30-day option to buy up to an additional 1,851,851 shares solely to cover overallotments, and the offering closed on September 16, 2026.
- Net proceeds were approximately $967.4 million after underwriting discounts and commissions and estimated offering expenses.
- Sysco expects to apply the net proceeds to a portion of the cash consideration for its pending acquisition of JRD Unico, Inc. and Warehouse Realty, LLC, plus related fees and expenses.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 8.01 Other Events. On September 14, 2026, with respect to the offering and sale of 12,345,679 shares of its common stock, par value $1.00 per share (“Common Stock”), at a public offering price of $81.00 per share (the “Offering”), Sysco Corporation (“Sysco”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, TD Securities (USA) LLC, BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named on Schedule I thereto (the “Underwriters”). …
An excerpt of the text as filed with the SEC, cut for length.
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