Yum China Expands Share Repurchase Authorization by $1 Billion
Yum China Holdings, Inc. today reported that its Board of Directors (the "Board") has increased the Company's share repurchase authorization by $1 billion to an aggregate of $2.4 billion.
From 2017 to March 16, 2022, the Company repurchased approximately 24 million shares of common stock for $971 million, including approximately 4 million shares repurchased for $188 million quarter-to-date 2022. This increase brings the total remaining authorization to approximately $1.4 billion.
"The Board's approval to expand our share repurchase program reflects the strength of..."
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