News Wrap: Top Yum China Execs, Board Member Buy Over $600,000 Of Company's Stock
News Wrap: Top Yum China Execs, Board Member Buy Over $600,000 Of Company's Stock
Such purchases are highly symbolic, reflecting top management's confidence in the company while also suggesting that the shares remain undervalued.By Doug Young
Doug Young报道。
Four top executives and one non-executive board member of Yum China Holdings Inc. (NYSE:YUMC), including CEO Joey Wat, purchased a combined total of 18,400 of the company's shares, currently valued at over $620,000, over the past two weeks, after the restaurant operator reported market-beating quarterly results on Aug 6.
百胜中国控股有限公司（NYSE：YUMC）的四位高管和一位非执行董事会成员，包括首席执行官Joey Wat，在过去两周内购买了总计18,400股公司股票（目前价值超过62万美元），此前该餐饮运营商在8月6日公布了超出市场预期的季度业绩。
Wat purchased 3,800 shares of the company's stock on Aug. 14; Chief Technology Officer Leila Zhang bought 4,000 shares on Aug. 15; Yum China's General Manager for KFC Warton Wang bought 3,700 shares on Aug. 16; and Pizza Hut General Manager Jeff Kuai bought 3,900 shares on Aug. 13, according to stock exchange filings. In addition, newly appointed board member Robert Blaine Aitken Jr. purchased 3,000 shares of the stock on Aug. 16.
Wat于8月14日购买了公司股票的3,800股；首席技术官Leila Zhang于8月15日购买了4,000股；百胜中国KFC总经理Warton Wang于8月16日购买了3,700股；而必胜客总经理Jeff Kuai于8月13日购买了3,900股，根据交易所的文件显示。此外，新任董事会成员Robert Blaine Aitken Jr.于8月16日购买了3,000股该公司股票。
Such purchases are highly symbolic, reflecting top management's confidence in the company while also suggesting that the shares remain undervalued.
此类购买行为具有很高的象征意义，反映了高层管理层对公司的信心，同时也暗示股票仍然被低估。
Yum China, which is dual-listed in the U.S. and Hong Kong, runs more than 15,000 stores in China, including the KFC and Pizza Hut brands. It has been an independent company since its spinoff from Yum Brands (NYSE:YUM) in 2016.
百胜中国在美国和香港上市，旗下在中国经营着15000多家店铺，包括肯德基和必胜客品牌。自2016年从百胜餐饮分拆出来后，百胜中国已成为一家独立公司。
The company has also been aggressively buying back its stock, spending a collective $249 million in the second quarter on share buybacks and dividends. Yum China has repurchased nearly $1 billion worth of its stock so far this year, with buybacks totaling $2.83 billion since 2017.
该公司还在大力回购股票，在第二季度共计花费2.49亿美元用于股票回购和分红派息。百胜中国今年迄今为止已回购近10亿美元的股票，自2017年以来累计回购28.3亿美元。
The company's U.S. shares rose 12% on Aug. 6 after Yum China reported industry-beating results, which included revenue, profit and margin gains, even as other global restaurant chains reported difficulties in the China market amid a challenging macro environment. The stock maintained those gains and continued to rally slightly in the following week.
百胜中国报告的行业表现优异，包括营业收入、利润和利润率的增长，该公司的美国股价于8月6日上涨了12%。即使其他全球餐饮连锁企业在中国市场报告了困难，股票仍保持上涨势头，并在接下来的一周中继续小幅上涨。
Yum China's revenue grew 4% in the second quarter to $2.68 billion on a constant currency basis, roughly double the 2% growth for the broader restaurant sector, as the company opened a net 401 new stores to bring its total to 15,423. The company seized on its market clout and greater efficiencies, including through the rollout of AI-automated "iKitchens" at its Pizza Hut stores, to boost its core operating profit by 12% year-on-year for the quarter, while increasing overall operating margin to 9.9% from 9.7% a year earlier.
百胜中国的营业收入在第二季度按不变汇率计算增长了4%，达到了26.8亿美元，几乎是更广泛餐饮行业2%增长的两倍。该公司净增401家新店，总数达到15423家。该公司抓住了市场影响力和更高效率的机会，包括在必胜客店推出AI自动化的“iKitchens”，将其核心营业利润同比增长12%，同时将整体营业利润率从去年的9.7%提高到了9.9%。
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.
本文来自非报酬的外部投稿人。它不代表Benzinga的报道，并且没有因为内容或准确性而被编辑。