FX.co ★ Yum China Announces US$360 Mln Share Repurchase Program

Yum China Holdings Inc. (YUMC) has announced it will initiate share repurchase agreements in both the U.S. and Hong Kong, totaling approximately US$360 million for the first half of 2025. This initiative will begin on January 6, 2025.

Specifically, the U.S. market will see share repurchases amounting to about US$290 million, while in Hong Kong, the program will involve approximately HK$550 million.

These agreements form a component of Yum China’s overarching share repurchase program, which is part of a broader capital allocation strategy aimed at returning US$4.5 billion to its shareholders through dividends and share buybacks during the period from 2024 to 2026. This includes a commitment of US$1.5 billion for the entire 2024 fiscal year.