On September 3, 2025, Yum China Holdings, Inc. (09987, YUMC.US) announced that the company plans to add approximately $270 million in open market share repurchases of common stock before the end of 2025, effective immediately. With quarterly dividends of $0.24 per share, total shareholder returns are expected to reach $1.5 billion in 2025. Yum China CEO Qu Cuirong stated that this move aims to enhance buyback flexibility and increase long-term shareholder value, demonstrating confidence in the company's growth and cash flow generation. Previously, Yum China returned $1.5 billion to shareholders through dividends and share repurchases in 2024, with cumulative returns of approximately $5.2 billion since 2017, as the company advances toward its $3.0 billion shareholder return target for 2025-2026.