Yum China (09987) Announces Share Capital Update and Repurchase Details

Bulletin Express
2025/10/31

Yum China Holdings, Inc. (09987) disclosed changes in its issued shares and repurchase activities as of 30 October 2025. The opening balance on 29 October 2025 stood at 362,408,293 shares (excluding treasury shares). The company repurchased and canceled 73,116 shares in the United States on 30 October 2025, while issuing 42 new shares for settlement of awards under its long-term incentive plans. This led to a closing balance of 362,335,219 shares.

According to the announcement, the company has also repurchased multiple batches of shares in Hong Kong and the United States since mid-September 2025 that await formal cancellation. On 30 October 2025, 72,953 shares were repurchased in the United States at prices ranging from USD 43.32 to USD 44.04, and 18,350 shares were repurchased in Hong Kong at prices ranging from HKD 339 to HKD 346.8. The aggregate amount for the US repurchases on that day totaled approximately USD 3.2 million, while the Hong Kong repurchases reached around HKD 6.27 million.

The repurchase mandate, approved on 23 May 2025, authorizes up to 37,239,649 shares for buyback. Thus far, 10,876,908 shares have been repurchased under this mandate, representing 2.92% of the issued shares at the time the mandate was granted. The company confirmed compliance with relevant rules and noted that its latest repurchases in Hong Kong and the United States were executed under pre-established agreements with independent brokers.

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