Yum China Holdings, Inc. disclosed adjustments to its share capital and reported details of recent repurchases in the U.S. and Hong Kong. The number of issued shares (excluding treasury shares) had an opening balance of 362,904,680 on 20 October 2025. On 21 October, 71,740 shares were repurchased and cancelled, while 109 new shares were issued under the company’s long-term incentive plans. The closing balance stood at 362,833,049 as of 21 October 2025.

The disclosure also listed shares repurchased for cancellation in Hong Kong between 15 September and 21 October 2025. Most repurchases involved fewer than 20,000 shares per day with purchase prices ranging from HKD 326.78 to HKD 352.24. On 21 October, 17,950 shares were repurchased in Hong Kong at prices between HKD 346.6 and HKD 350.8.

In the U.S., 71,066 shares were repurchased on 21 October at final prices ranging from USD 44.64 to USD 45.25. All these shares are set for cancellation. According to the announcement, the authorized repurchase mandate, approved on 23 May 2025, covers up to 37,239,649 shares. As of the date of the latest disclosure, 10,265,887 shares had been repurchased in total, amounting to 2.76% of the issuer’s total share count at the time the mandate was approved.