Yum China narrows share base; cancels 63,250 shares and holds 1.28 million pending cancellation

Bulletin Express
Yesterday

Yum China Holdings, Inc. (Yum China) disclosed fresh progress on its ongoing share buy-back programme covering both the Hong Kong Stock Exchange (HKEX) and the New York Stock Exchange (NYSE).

Key developments as of 15 September 2026 (US time):

• Share cancellation: 63,250 ordinary shares repurchased on 14 September in the United States were cancelled on 15 September, trimming outstanding share capital to 341.15 million shares, down 0.02% from the previous day’s 341.21 million.

• New repurchases on 15 September: – HKEX: 23,600 shares acquired at HKD 330.60-335.00, for HKD 7.84 million. – NYSE: 78,500 shares acquired at USD 41.79-42.35, for USD 3.30 million. All of these shares are earmarked for cancellation.

• Inventory awaiting cancellation: 1.28 million shares bought between 2 July and 15 September (inclusive) remain outstanding for cancellation, equal to approximately 0.37% of the current issued share count. The bulk (1.20 million shares) was accumulated in Hong Kong, with 78,500 shares purchased on the NYSE.

• Mandate utilisation: Since shareholders approved a 34.66 million-share repurchase mandate on 28 May 2026, the company has bought back 6.99 million shares, representing 2.02% of the share capital that existed on the mandate date.

• Pricing overview: – HKEX repurchases pending cancellation were executed between HKD 323.99 and HKD 386.31 per share. – NYSE repurchases were executed between USD 41.79 and USD 42.35 per share.

All transactions were executed through independent brokers under pre-arranged Rule 10b5-1 (US) and Hong Kong automatic share repurchase agreements, in full compliance with the respective market regulations.

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