UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 19, 2006
SYSCO CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware
(State or Other Jurisdiction
of Incorporation)
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1-06544
(Commission File Number)
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74-1648137
(IRS Employer
Identification No.) |
1390 Enclave Parkway, Houston, TX 77077-2099
(Address of principal executive office) (zip code)
Registrants telephone number, including area code: (281) 584-1390
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 8.01 OTHER EVENTS
On September 19, 2006, Sysco Corporation (SYSCO) entered into a stock repurchase plan with PNC
Investments LLC pursuant to which PNC will repurchase on behalf of SYSCO up to 3 million shares of
SYSCO common stock pursuant to Rules 10b5-1 and 10b-18 under the Securities Exchange Act of
1934, as amended (the Exchange Act). The shares will be purchased pursuant to SYSCOs
previously announced share repurchase programs. Subject to certain conditions, the shares will be
purchased during the period between September 19, 2006 and October 31, 2006, including during
company blackout periods. Depending upon prevailing market conditions and other factors,
there can be no assurance that any or all authorized shares will be purchased pursuant to
the plan. Rule 10b5-1 provides certain defenses to actions under Section 10(b) of the Exchange
Act and Rule 10b-5 thereunder for transactions conducted pursuant to written trading plans that
satisfy the conditions of the Rule. SYSCOs Policy on Trading in Company Securities, which
prohibits purchases by SYSCO of its securities during certain blackout periods, contains an
exception for stock trading plans entered into pursuant to Rule 10b5-1.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Sysco Corporation has
duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SYSCO CORPORATION
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Date: September 22, 2006 |
By: |
/s/ Michael C. Nichols
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Michael C. Nichols |
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Senior Vice President, General Counsel
and Corporate Secretary |
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