Sysco Corp (SYY) Files Form 4 Insider Buying : Jackie M Ward Buys 6,200 Shares

Sysco Corp (SYY): Jackie M Ward , director of Sysco Corp purchased 6,200 shares on Jun 10, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $48.58 per share for a total value of $301,535.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Russell T. Libby (Executive Vice President) sold 38,538 shares at $48.94 per share price.On May 20, 2016, William B. Day (Executive Vice President) sold 137,693 shares at $48.88 per share price.Also, On May 17, 2016, William J Iii Delaney (Chief Executive Officer) sold 20,115 shares at $50.25 per share price.On Apr 19, 2016, Hans-joachim Koerber (director) sold 10,000 shares at $46.49 per share price.

Shares of SYSCO Corporation (SYY) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.22 points or -0.45% at $48.78 with 24,23,573 shares getting traded. Post opening the session at $48.87, the shares hit an intraday low of $48.505 and an intraday high of $48.98 and the price vacillated in this range throughout the day. The company has a market cap of $27,488 M and the number of outstanding shares has been calculated to be 56,35,15,990 shares. The 52-week high of SYSCO Corporation is $50.68 and the 52-week low is $35.45.

SYSCO Corporation Money Flow Index Chart

On May 20, 2016, SYSCO Corporation announced a cash dividend of $0.3100. The company’s management has announced Jun 29, 2016 as the ex-dividend date and fixed the record date on Jul 1, 2016. The payable date has been fixed on Jul 22, 2016.

Sysco Corporation (Sysco) along with its subsidiaries and divisions is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company provides products and related services to approximately 425000 customers including restaurants healthcare and educational facilities lodging establishments and other foodservice customers. Sysco provides food and related products to the foodservice or food-away-from-home industry. The Company has aggregated its operating companies into a number of segments of which only Broadline and SYGMA are the main segments. Broadline operating companies distribute a line of food products and a variety of non-food products to their customers. SYGMA operating companies distribute a line of food products and a variety of non-food products to chain restaurant customer locations. The Company’s other segments include its specialty produce custom-cut meat and lodging industry products segments.

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