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Yum China Holdings, Inc. Buyback

OLI recorded this information on 11/16/2023

Company: Yum China Holdings, Inc.
Buyback: YUMC buyback
$Amount Authorized: $750,000,000
Buyback Details: Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that it has entered into share repurchase agreements in the U.S. and Hong Kong for an aggregate repurchase amount of US$750 million in 2024, as part of the capital allocation plan to return US$3 billion to shareholders through dividends and share repurchases from 2024 to 2026.

Yum China Holdings is a holding company. Through its subsidiaries, Co. is a restaurant company in the People's Republic of China (China), with various restaurants. Co.'s restaurant network consists of its KFC and Pizza Hut brands, as well as other brands such as Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell and East Dawning. Co. has the right to operate and sublicense the KFC, Pizza Hut and Taco Bell brands in China, excluding Hong Kong, Macau and Taiwan. Co. owns the intellectual property of the Little Sheep, Huang Ji Huang, COFFii & JOY and East Dawning concepts outright.
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Company Name:  Yum China Holdings Inc
Stock buyback:  YUMC buyback
Website:  www.yumchina.com
Sector:  Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding YUMC:  25
Total Market Value Held by ETFs:  $352.57M
Total Market Capitalization:  $14.78B
% of Market Cap. Held by ETFs:  2.39%
 

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April 20, 2024    12:48 AM Eastern
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Buy (3.19 out of 4)
100th percentile
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