Yum China (09987) Reports Share Capital Changes and Repurchases as of 18 February 2026

Bulletin Express
Feb 19

Yum China Holdings, Inc. announced updates to its share capital covering 13 February 2026 through 18 February 2026. The total number of issued shares (excluding treasury shares) decreased from 354.40 million shares on 13 February 2026 to 354.30 million shares on 18 February 2026, reflecting share repurchases and new share issuances tied to the Company's long-term incentive plans. During this period, repurchases in the U.S. occurred at prices around USD 54.82 to USD 54.92 per share, while newly issued shares for share awards were priced as high as USD 55.50 per share. The net effect was a modest reduction in issued shares outstanding.

Under the existing repurchase mandate granted on 23 May 2025, the Company is authorized to repurchase up to 37.24 million shares. To date, approximately 20.62 million shares, representing 5.54% of Yum China’s issued shares at the time the mandate was approved, have been repurchased across the Hong Kong Stock Exchange and another stock exchange. Notably, on 16 February 2026, 17,850 shares were repurchased in Hong Kong at prices up to HKD 429 per share, and on 18 February 2026, 54,047 shares were repurchased in the U.S. at prices up to USD 55.85 per share. All repurchases were made through independent brokers or affiliates in accordance with pre-established parameters under relevant repurchase agreements.

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