Why Is Yum China Stock Gaining Friday? - Yum China Holdings (NYSE:YUMC)

Yum China Holdings Inc. (NYSE:YUMC) stock climbed Friday after the restaurant operator unveiled an expanded share repurchase program and outlined its long-term capital return strategy.Yum China said it entered share repurchase agreements in the United States and Hong Kong. The arrangements cover about $460 million in buybacks during the first half of 2026.The repurchases will begin Jan. 12, 2026, according to the company’s statement. Roughly $350 million falls under the Rule 10b5-1 in the United States.Also ...