Yum China Holdings, Inc. (Stock code: 09987) reported a reduction in its outstanding shares from 353.75 million on 05 March 2026 to 353.69 million as of 06 March 2026. This decrease was primarily driven by the cancellation of 57,628 repurchased shares at US$52.06 per share in the U.S. market and the issuance of 54 new shares at US$51.83 to settle awards under the company’s long-term incentive plans.

The company also disclosed multiple repurchases on The Stock Exchange of Hong Kong Limited and the New York Stock Exchange from December 2025 to March 2026, including 57,378 shares on 06 March 2026 at an aggregate price of US$2.99 million in the U.S. market and 18,450 shares at HKD 7.72 million in Hong Kong. According to the announcement, 21.49 million shares have been bought back so far under a repurchase mandate granted on 23 May 2025, representing 5.77% of the issued shares at the time the mandate was approved.