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On November 11, Yum China spent HKD 4.6955 million to repurchase 0.012 million shares.
Yum China (09987.HK) announced that on November 11, 2024, it spent 4.6955 million Hong Kong dollars to repurchase 0.012 million shares at a repurchase price of 381-395.2 Hong Kong dollars per share.
Yum China Grants Equity Awards to Employees and Directors
Yum China (09987.HK) granted a certain amount of equity incentives and ordinary shares.
Grant Thornton reported on November 11th that Yum China (09987.HK) announced that on November 6, 2024 (US time, i.e. "grant date"), the company granted a number of stock awards and common stock shares under the Yum China Holdings Co., Ltd. 2022 long-term incentive plan. Number of stock awards granted: 99,862; on the grant date, the company granted 451 shares to Mikel A. Durham under the 2022 long-term incentive plan. These shares serve as stock job positions for his role as a member of the Audit Committee and Compensation Committee from September 2024 to May 2025.
[Brokerage Focus] Industrial Securities maintains a 'buy' rating on Yum China (09987), bullish on the company's improving fundamentals in the long term.
Jingu Wealth News | Guotai Junan Securities' research report pointed out that Yum China (09987) achieved revenue of 3.07 billion US dollars in Q3 2024, a 5% year-on-year growth, with a net income attributable to shareholders of 0.3 billion US dollars, an increase of 22% year-on-year. The core operating profit was 0.37 billion US dollars, with an 18% year-on-year growth. Since 2024, the company has maintained active dividend payouts and repurchases. In the first three quarters, a total of 0.19 billion US dollars in dividends have been paid out, and 1.06 billion US dollars have been repurchased, returning a total of 1.24 billion US dollars to shareholders. The full-year budget is set at 1.5 billion US dollars. The company has announced a 3 billion US dollars dividend and repurchase plan for 2024 to 2026.
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