Yum China details significant share repurchases and cancellations

Yum China Holdings, Inc. filed its Next Day Disclosure Return on November 19, 2025, detailing recent changes to its issued and treasury shares. The company repurchased and canceled 68,960 ordinary shares in the U.S. on November 17, 2025, with the cancellation completed on November 18, 2025, at a price of $46.4 per share. Additionally, 621 new shares were issued on November 18, 2025, at $47.53, related to share awards under a long-term incentive plan. The opening balance of issued shares as of November 17, 2025, was 361,539,037, with a closing balance of 361,470,698 as of November 18, 2025.

Yum China also disclosed numerous share repurchases for cancellation that had not yet been finalized. As of November 18, 2025, these uncancelled repurchases totaled 147,150 shares in HK (HK$366.64) and 319,892 shares in the U.S. ($47.52). The total number of shares repurchased for cancellation on November 18, 2025, was 319,892 on another stock exchange (NYSE) at an aggregate price of $15,199,947.75, and 147,150 shares on the Exchange at an aggregate price of HK$53,951,501.62.

The resolution granting the repurchase mandate was approved on May 23, 2025. As of the resolution date, the company was authorized to repurchase up to 37,239,649 shares, with 12,414,822 shares already repurchased on the Exchange or another stock exchange, representing 3.33% of the issued shares.