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YUMC Yum China Holdings Inc

31.70
-0.42 (-1.31%)
16 Jul 2024 - Closed
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
  -0.42 -1.31% 31.70 32.36 31.36 31.70 2,211,589 01:00:00

Yum China Authorizes Additional $1 Billion in Buybacks

17/03/2022 10:39am

Dow Jones News


Yum China (NYSE:YUMC)
Historical Stock Chart


From Jul 2021 to Jul 2024

Click Here for more Yum China Charts.

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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