Core Viewpoint - Yum China (YUMC.US/9987.HK) plans to repurchase approximately $270 million of common stock in the open market by the end of 2025, starting from September 3, 2025, reflecting confidence in the company's growth prospects and strong free cash flow generation [1] Group 1: Stock Buyback Plans - The new buyback plan is an addition to the previously announced $510 million stock repurchase agreement for the second half of 2025 and the completed $356 million stock buyback in the first half of 2025 [1] - The company expects to return a total of approximately $1.5 billion to shareholders in 2025 through dividends, assuming a quarterly cash dividend of $0.24 per share [1] Group 2: Management Commentary - CEO Joey Wat stated that the new stock repurchase plan aims to enhance flexibility in repurchasing shares in the open market and is focused on increasing long-term shareholder value [1] - The company remains committed to investing in business development while continuing to return value to shareholders through dividends and stock buybacks, aiming to create both current and long-term dual value [1]
百胜中国宣布新增约2.7亿美元股票回购计划，年度股东回馈将达15亿美元