Sysco ‘on target’ to return $2.25B back to shareholders in FY25

Remain on target to return approximately $2.25 billion back to shareholders in FY25, with share repurchase and dividends. “Going forward in this dynamic environment, we will remain agile in the near-term while continuing to invest in support of long-term growth. This includes over $4 billion in liquidity, our investment grade balance sheet, and disciplined approach to capital allocation. Our recently announced 6% dividend increase also sets FY26 up to be our 56th year of delivering dividend growth. We are driving improvements across our business, which also include our previously announced $100 million of annualized cost savings that will carry into the next fiscal year,” said Kenny Cheung, Sysco’s (SYY) CFO.