Yum China Reduces Share Count After 0.07 Million-Share Cancellation and Fresh Buybacks on NYSE & HKEX

Bulletin Express
05/28

Yum China Holdings, Inc. disclosed a series of capital movements dated 27 May 2026 that have marginally reduced its outstanding share base and expanded the volume of stock already repurchased under its current mandate.

1. Issued-share adjustment • Opening balance (26 May 2026): 348.24 million ordinary shares. • Shares cancelled: 68,087 shares previously repurchased in the United States at a volume-weighted average price of USD 44.06 per share. • New shares issued: 35 shares to settle awards granted under the company’s long-term incentive plans. • Closing balance (27 May 2026): 348.17 million shares, representing a net decrease of approximately 0.02 %.

2. Pending cancellations • Between 13 March and 27 May 2026, Yum China bought back 1.44 million shares (aggregate of 49 HKEX executions and one NYSE trade) that remained outstanding for cancellation as of 27 May. This equals about 0.41 % of the latest issued share count.

3. Latest daily repurchase activity (27 May 2026) • NYSE: 68,372 shares repurchased at prices ranging from USD 43.08 to USD 44.23, for total consideration of USD 3.00 million (average price approximately USD 43.88). • HKEX: 22,900 shares repurchased at prices between HKD 334.40 and HKD 343.60, costing HKD 7.74 million (average price roughly HKD 338.17). • All 91,272 shares acquired on 27 May are designated for cancellation.

4. Status of repurchase mandate • Authorised capacity (approved 23 May 2025): 37.24 million shares. • Cumulative buybacks to date: 27.17 million shares, equivalent to 7.30 % of the issued share base on the mandate approval date.

The disclosed actions continue Yum China’s multi-exchange buyback programme, incrementally lowering the company’s share count while utilising the remaining capacity under the existing repurchase authorisation.

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