Yum China buys back shares in US and Hong Kong

Yum China Holdings, Inc. (HKEX: 9987) has announced the repurchase of 53,580 ordinary shares in the U.S. at a price of USD 44.79 per share on April 16, 2025. These shares were cancelled on the next day. Simultaneously, the company repurchased 13,400 shares on the Hong Kong Stock Exchange for a total consideration of HKD 4,641,300.38. The Hong Kong repurchases were conducted at prices ranging from HKD 340.2 to HKD 352.4 per share. Additionally, 54,405 ordinary shares were repurchased in the US for a total consideration of USD 2,399,973.21 at prices ranging from USD 43.71 to USD 44.55. The latest U.S. repurchases were executed by an independent broker under a previously established Rule 10b5-1 agreement, while the Hong Kong repurchases were facilitated by an independent broker, through its affiliate, in line with pre-established parameters under the Hong Kong repurchase agreement. No material changes to the particulars contained in the Company's Proxy Statement dated April 11, 2024 has been filed with the exchange. The company has repurchased 16,213,376 shares, which is 4.16% of issued shares, since the authorization on May 23, 2024.