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YUMC Yum China Holdings Inc

34.53
0.00 (0.00%)
Pre Market
Last Updated: 09:30:04
Delayed by 15 minutes
Share Name Share Symbol Market Type
Yum China Holdings Inc NYSE:YUMC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 34.53 84 09:30:04

Yum China Authorizes Additional $1 Billion in Buybacks

17/03/2022 10:39am

Dow Jones News


Yum China (NYSE:YUMC)
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From Sep 2021 to Sep 2024

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By Will Feuer

 

Yum China Holdings Inc. said its board has authorized an additional $1 billion in share repurchases, bringing its total authorization to $2.4 billion worth of shares.

Since 2017, the company has repurchased about $971 million, meaning the company has about $1.4 billion worth of share repurchases remaining under the expanded authorization.

"The Board's approval to expand our share repurchase program reflects the strength of our balance sheet and our ability to generate strong cash flow," Chief Executive Joey Wat said.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

March 17, 2022 06:24 ET (10:24 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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