US Foods up after ending Performance Food merger talks, $1 billion buyback plan
ReutersNov 24, 2025 5:13 PM
Shares of US Foods Holding USFD.N up 8% at $76.79
Performance Food Group PFGC.N and USFD will no longer pursue potential merger
Move comes roughly two months after the food distributors agreed to exchange sensitive financial information without violating antitrust laws
USFD also announces a new $1 billion share repurchase authorization
As of last close, stock up 5.4% YTD
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