Core Viewpoint - Yum China announced a plan to repurchase approximately $270 million of common stock in the open market by the end of 2025, effective from September 3, 2025, aiming to enhance shareholder value and demonstrate confidence in the company's growth prospects [1]. Group 1: Stock Repurchase Plan - The repurchase plan is an addition to the previously announced $510 million stock repurchase agreement for the second half of 2025 and the completed $356 million repurchase in the first half of 2025 [1]. - The CEO stated that the expanded stock repurchase plan aims to increase flexibility in repurchasing shares in the open market while enhancing long-term shareholder value [1]. Group 2: Shareholder Returns - Yum China plans to return a total of approximately $1.5 billion to shareholders in 2024, and is on track to achieve a target of $3 billion in shareholder returns through dividends and stock repurchases between 2025 and 2026 [1]. - The average annual shareholder return over these three years is expected to account for about 9% of the company's market value as of September 2, 2025 [1]. Group 3: Historical Returns - From 2017 to September 2, 2025, the company has returned approximately $5.2 billion to shareholders through dividends and stock repurchases [1].
百胜中国宣布新增约2.7亿美元股票回购计划，年度股东回馈将至15亿美元