Yum China (09987) Announces Share Repurchases and Updated Share Capital

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Yum China Holdings, Inc. (stock code: 09987) reported changes in its issued ordinary shares as reflected in a Next Day Disclosure Return dated 16 January 2026. The opening balance on 15 January 2026 stood at 354,870,476 shares. Following the repurchase of 62,319 shares in the U.S. at USD 48.14 per share, which were subsequently cancelled on 16 January 2026, and the issuance of 694 new shares at USD 47.55 per share under the company’s long term incentive plans, the closing balance reached 354,808,851 shares as of 16 January 2026.

The return also detailed additional repurchases of outstanding shares for cancellation but not yet cancelled, covering transactions from December 2025 to 16 January 2026 in both the U.S. and Hong Kong. Reported prices ranged from HKD 357.92 to HKD 380.9 in Hong Kong, and from USD 47.06 to USD 48.18 in the U.S. The resolution granting the repurchase mandate, dated 23 May 2025, authorized the company to repurchase up to 37,239,649 shares, of which 19,080,745 shares had been repurchased under the mandate, representing approximately 5.12% of the issued share capital at the time of the resolution.

The company confirmed that all repurchases on the Hong Kong Stock Exchange complied with the relevant listing rules and that the U.S. repurchases were carried out in accordance with domestic regulations. No material changes to the particulars of the share repurchase mandate were reported.

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