YUM CHINA (09987) has announced the execution of share repurchase agreements totaling approximately $512 million, scheduled for the second half of the year through 2026. This includes about $384 million under Rule 10b5-1 of the U.S. Securities Exchange Act of 1934 and approximately HKD 1 billion under a similar program in Hong Kong. These agreements form part of the company's broader share repurchase initiative and its comprehensive capital return plan, which aims to return $1.5 billion to shareholders through dividends and share repurchases by 2026.
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