Yum China details share repurchases and cancellations, reducing issued capital

Yum China Holdings, Inc. announced a decrease in its total issued shares following a series of repurchases and cancellations. On October 6, 2025, the company repurchased 75,230 shares in the U.S. at an average price of $42.54, which were subsequently cancelled. This resulted in a minor adjustment to its issued share capital, with the closing balance on October 6, 2025, reported as 363,639,347 shares, down from an opening balance of 363,714,521 on October 3, 2025. Additionally, 56 new shares were issued due to the settlement of long-term incentive plan awards on October 6, 2025, at $43.19 per share.

The company also disclosed repurchases on both the U.S. and Hong Kong exchanges that were pending cancellation. On October 6, 2025, Yum China repurchased 74,838 shares in the U.S. via NYSE at prices ranging from $42.51 to $43.17, totaling $3,199,998.04. Concurrently, 18,950 shares were repurchased on the Exchange (Hong Kong) at prices between HK$328.8 and HK$333.2, amounting to HK$6,259,899.42. These repurchases contribute to the total of 9,269,584 shares repurchased under the mandate, representing 2.49% of the issued shares as of the resolution date of May 23, 2025.