Yum China Announces US$510 Million Share Repurchase Agreements for Second Half of 2025 as Part of Broader Capital Return Plan
Yum China (NYSE: YUMC) has announced share repurchase agreements totaling US$510 million for the second half of 2025, representing a 42% increase from the US$360 million announced for H1 2025. The agreements include US$410 million under Rule 10b5-1 in the U.S. and HK$790 million for Hong Kong. Combined with a quarterly dividend of US$0.24 per share, the total capital return for 2025 will be at least US$1.2 billion.
The company aims to return US$3 billion to shareholders through dividends and share repurchases from 2025 to 2026, following US$1.5 billion delivered in 2024. The average annual return over these three years represents approximately 9% of current market cap. From 2017 to May 27, 2025, Yum China has returned US$4.8 billion to shareholders.
Yum China (NYSE: YUMC) ha annunciato accordi di riacquisto di azioni per un totale di 510 milioni di dollari USA per la seconda metà del 2025, con un aumento del 42% rispetto ai 360 milioni di dollari USA annunciati per il primo semestre 2025. Gli accordi comprendono 410 milioni di dollari USA secondo la Rule 10b5-1 negli Stati Uniti e 790 milioni di HKD per Hong Kong. Insieme a un dividendo trimestrale di 0,24 dollari USA per azione, il ritorno totale di capitale per il 2025 sarà di almeno 1,2 miliardi di dollari USA.
L'azienda punta a restituire 3 miliardi di dollari USA agli azionisti tramite dividendi e riacquisti di azioni nel periodo 2025-2026, dopo aver distribuito 1,5 miliardi di dollari USA nel 2024. Il ritorno medio annuo in questi tre anni rappresenta circa il 9% della capitalizzazione di mercato attuale. Dal 2017 al 27 maggio 2025, Yum China ha restituito agli azionisti 4,8 miliardi di dollari USA.
Yum China (NYSE: YUMC) ha anunciado acuerdos de recompra de acciones por un total de 510 millones de dólares estadounidenses para la segunda mitad de 2025, lo que representa un aumento del 42% respecto a los 360 millones de dólares anunciados para el primer semestre de 2025. Los acuerdos incluyen 410 millones de dólares bajo la Regla 10b5-1 en EE.UU. y 790 millones de HKD para Hong Kong. Sumado a un dividendo trimestral de 0,24 dólares por acción, el retorno total de capital para 2025 será al menos de 1,2 mil millones de dólares estadounidenses.
La compañía tiene como objetivo devolver 3 mil millones de dólares estadounidenses a los accionistas mediante dividendos y recompras de acciones durante 2025 y 2026, tras haber entregado 1,5 mil millones en 2024. El retorno anual promedio durante estos tres años representa aproximadamente el 9% de la capitalización bursátil actual. Desde 2017 hasta el 27 de mayo de 2025, Yum China ha devuelto 4,8 mil millones de dólares a los accionistas.
Yum China (NYSE: YUMC)는 2025년 하반기 주식 재매입 계약을 총 5억 1천만 달러로 발표했으며, 이는 2025년 상반기에 발표된 3억 6천만 달러보다 42% 증가한 수치입니다. 이 계약에는 미국 내 Rule 10b5-1에 따른 4억 1천만 달러와 홍콩을 위한 7억 9천만 홍콩 달러가 포함되어 있습니다. 주당 분기 배당금 0.24달러와 합쳐 2025년 총 자본 환원액은 최소 12억 달러가 될 것입니다.
회사는 2025년부터 2026년까지 배당금과 주식 재매입을 통해 주주에게 30억 달러를 환원할 계획이며, 2024년에는 15억 달러를 환원했습니다. 이 3년간 평균 연간 환원율은 현재 시가총액의 약 9%에 해당합니다. 2017년부터 2025년 5월 27일까지 Yum China는 주주에게 총 48억 달러를 환원했습니다.
Yum China (NYSE : YUMC) a annoncé des accords de rachat d’actions totalisant 510 millions de dollars US pour le second semestre 2025, soit une augmentation de 42 % par rapport aux 360 millions de dollars annoncés pour le premier semestre 2025. Ces accords comprennent 410 millions de dollars US selon la règle 10b5-1 aux États-Unis et 790 millions de HKD pour Hong Kong. Associés à un dividende trimestriel de 0,24 dollar par action, le retour total de capitaux pour 2025 sera d’au moins 1,2 milliard de dollars US.
L’entreprise vise à restituer 3 milliards de dollars US aux actionnaires via dividendes et rachats d’actions entre 2025 et 2026, après avoir distribué 1,5 milliard en 2024. Le rendement annuel moyen sur ces trois années représente environ 9 % de la capitalisation boursière actuelle. De 2017 au 27 mai 2025, Yum China a reversé 4,8 milliards de dollars US à ses actionnaires.
Yum China (NYSE: YUMC) hat Aktienrückkaufvereinbarungen im Gesamtwert von 510 Millionen US-Dollar für die zweite Hälfte des Jahres 2025 angekündigt, was eine 42%ige Steigerung gegenüber den 360 Millionen US-Dollar für das erste Halbjahr 2025 darstellt. Die Vereinbarungen umfassen 410 Millionen US-Dollar gemäß Rule 10b5-1 in den USA und 790 Millionen HKD für Hongkong. Zusammen mit einer vierteljährlichen Dividende von 0,24 US-Dollar je Aktie beträgt die gesamte Kapitalrückführung für 2025 mindestens 1,2 Milliarden US-Dollar.
Das Unternehmen plant, von 2025 bis 2026 insgesamt 3 Milliarden US-Dollar an die Aktionäre durch Dividenden und Aktienrückkäufe zurückzugeben, nachdem es 2024 bereits 1,5 Milliarden US-Dollar ausgeschüttet hat. Die durchschnittliche jährliche Rendite über diese drei Jahre entspricht etwa 9 % der aktuellen Marktkapitalisierung. Von 2017 bis zum 27. Mai 2025 hat Yum China insgesamt 4,8 Milliarden US-Dollar an die Aktionäre zurückgeführt.
- 42% increase in share repurchase amount for H2 2025 compared to H1 2025
- Commitment to return US$3 billion to shareholders in 2025-2026
- Strong cash position and cash generation capabilities
- Average annual return equivalent to 9% of current market cap
- Consistent track record of capital returns with US$4.8 billion returned since 2017
- None.
Insights
Yum China's $510M share repurchase signals strong cash position and shareholder commitment, boosting potential EPS and shareholder value.
Yum China's announced
The repurchase program is strategically structured across both U.S. and Hong Kong markets (
What's particularly noteworthy is the scale of Yum China's capital return initiative. The company is on track to return
Since 2017, Yum China has returned an impressive
The expanded buyback should have a positive effect on earnings per share by reducing the outstanding share count, potentially enhancing shareholder value beyond just the direct capital return. This balanced approach to growth investment and shareholder returns positions Yum China as a mature company with both growth prospects and income characteristics.
"Yum China is committed to maintaining a dual focus: investing in driving business growth and returning excess capital to shareholders. This approach is supported by our healthy cash position and strong cash generation capabilities. We remain on track to return
The share repurchase agreements for the second half of 2025 include approximately
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook," "commit" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements include, without limitation, statements regarding the future strategies, growth, business plans, and dividend and share repurchase plans. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. Our plan of capital returns to shareholders is based on current expectations, which may change based on market conditions, capital needs or otherwise. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factor" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China is the largest restaurant company in
Contacts
Investor Relations Contact:
Tel: +86 21 2407 7556
IR@YumChina.com
Media Contact:
Tel: +86 21 2407 8288 / +852 2267 5807
Media@YumChina.com
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SOURCE Yum China Holdings, Inc.
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