Yum China Holdings, Inc. disclosed a fresh reduction in its share capital following further execution of its 2026 buy-back mandate.

Key takeaways 1. Net share reduction on 20 August • 69,285 shares repurchased on 19 August were cancelled on 20 August. • 43 new shares were issued to settle awards under long-term incentive plans. • Resulting net decrease: 69,242 shares, trimming the share base by 0.02%. • Issued share capital now stands at 342.29 million ordinary shares.

2. Same-day market repurchases • Hong Kong Stock Exchange: 22,600 shares acquired at HKD 374.20–379.20; consideration HKD 8.52 million (VWAP: ~HKD 376.34). • New York Stock Exchange: 61,959 shares acquired at USD 47.82–48.96; consideration USD 3.00 million (VWAP: ~USD 48.42). • All 84,559 shares bought on 20 August are earmarked for cancellation.

3. Shares awaiting cancellation • Including buys completed between 2 July and 20 August but not yet cancelled, 842,059 shares remain in the cancellation pipeline.

4. Progress under the 2026 repurchase mandate • Shareholder approval on 28 May 2026 authorised the company to repurchase up to 34.66 million shares. • Cumulative repurchases since then total 5.38 million shares, equal to 1.55% of the share count on the mandate date.

All transactions were executed through independent brokers—HK deals under a Hong Kong automatic repurchase agreement, and U.S. trades under a Rule 10b5-1 plan—complying with respective exchange regulations.