Yum China Holdings discloses significant share repurchases across markets

Yum China Holdings, Inc. submitted a Next Day Disclosure Return on December 4, 2025, revealing changes in its issued and treasury shares. The company reported an opening balance of 359,289,915 ordinary shares as of December 2, 2025. On December 3, 2025, Yum China repurchased and cancelled 214,243 shares in the U.S. at a volume-weighted average price of $48.54. Additionally, 6,615 new shares were issued on the same day in respect of share awards, valued at $47.24 per share. These transactions resulted in a closing balance of 359,082,287 shares as of December 3, 2025.

The report also detailed numerous share repurchases for cancellation that had not yet been cancelled as of the closing balance date. A total of 1,180,970 shares were repurchased in Hong Kong between September 15, 2025, and December 3, 2025, at varying prices. The latest Hong Kong repurchase on December 3, 2025, involved 52,300 shares at a highest price of HK$378.00 and lowest of HK$373.60. An additional 218,170 shares were repurchased in the U.S. on December 3, 2025, at an aggregate price of $10,399,960.77.

The company's repurchase mandate, granted on May 23, 2025, authorized repurchases of up to 37,239,649 shares. As of the disclosure date, 15,650,367 shares had been repurchased on the Exchange or another stock exchange, representing 4.2% of the issued shares at the date of the resolution.