Yum China Holdings announced a further step in its ongoing share-repurchase programme, cancelling 66,435 ordinary shares on 7 October 2026 that had been repurchased on the New York Stock Exchange (NYSE) a day earlier at a volume-weighted average price of USD 40.64. The cancellation reduced the company’s outstanding share capital by 0.02% to 338.83 million shares.

Additional repurchases executed but not yet cancelled amounted to 518,389 shares as of the same date. These include 437,800 shares bought on the Hong Kong Stock Exchange (HKEX) between 11 September and 7 October at volume-weighted average prices ranging from HKD 312.96 to HKD 335.46, and 80,589 shares acquired on the NYSE on 7 October at prices between USD 40.62 and USD 41.16.

On 7 October, Yum China also repurchased 24,600 HK-listed shares on the HKEX at prices between HKD 318.60 and HKD 322.60, spending HKD 7.89 million. On the same day, the company bought 80,589 NYSE-listed shares for USD 3.30 million.

Under the shareholder mandate approved on 28 May 2026, Yum China is authorised to repurchase up to 34.66 million shares. Cumulative repurchases under this mandate have reached 8.55 million shares, equivalent to 2.47% of the company’s issued share capital at the mandate date. All shares bought back to date are intended for cancellation; the company holds no treasury shares.

The cross-border programme is being executed through independent brokers under Rule 10b5-1 agreements in the United States and an automatic share repurchase arrangement in Hong Kong, as outlined in the company’s 12 May 2026 announcement.