Yum China trims outstanding shares by 0.71% in March on continued buy-backs

Bulletin Express04-08

Yum China (Hong Kong-listed ordinary shares) reported a net reduction of 2.52 million shares in March 2026, bringing its issued share count (excluding treasury shares) down to 351.42 million from 353.94 million at the end of February. The decline, equivalent to 0.71% of the prior month’s outstanding shares, reflects the company’s ongoing capital-management programme.

Key monthly movements • Share repurchases and cancellation: 2.56 million shares were bought back and cancelled during the month. A further 0.31 million repurchased shares remained pending cancellation as at 31 March 2026. • Share issuance under award scheme: 39,064 new shares were issued to employees, partially offsetting the reduction from buy-backs. • Treasury position: Yum China held no treasury shares at either the beginning or end of the month.

Capital structure • Authorised share capital stayed unchanged at 1.10 billion shares—1.00 billion ordinary shares and 100.00 million preference shares—carrying an aggregate par value of USD 11.00 million. • Issued ordinary shares totalled 351.42 million after March movements, all of which remain listed on the Hong Kong Stock Exchange (HKEX).

Regulatory status Yum China confirmed compliance with the HKEX minimum public-float requirement of 25% as at 31 March 2026.

No activity was recorded under share option schemes, warrants, convertibles, or Hong Kong Depositary Receipts during the month.

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