Yum China (09987.HK) repurchased 0.072 million shares for HKD 2.4 million on August 14th.
Yum China (09987.HK) announced on August 16 that it spent HKD 2.4 million to repurchase 0.072 million shares on August 14.
Insider Buying: CTO Leila Zhang Acquires Shares of Yum China Holdings Inc (YUMC)
Yum China (09987) spent 2.4 million US dollars on repurchasing 0.0724 million shares on August 13.
Yum China (09987) announced that on August 13, 2024, the company will spend $2.4 million to repurchase 7...
Gao Yi Asset, a private equity giant, increased its shareholding of several Chinese concept stocks in the second quarter, and the direction of consumer may be worth attention.
What direction should we be focusing on in terms of layout?
Starbucks changed its management, causing a stir on Wall Street, and its market cap surged by $21.4 billion overnight.
Coffee chain giant starbucks announced on Tuesday that it has hired Brian Niccol, CEO and chairman of the Mexican-style chain restaurant Chipotle Mexican Grill, as the company's new CEO and chairman, which has been warmly welcomed by investors. Boosted by the news, Starbucks's stock skyrocketed by 24.5% on Tuesday, closing at $95.90, and its market cap jumped by $21.4 billion overnight. Meanwhile, Chipotle's stock fell by 7.5%, with its market cap evaporating by $5.7 billion. Niccol has been praised by several analysts as America's best public restaurant CEO, including
Price war begins! KFC has once again launched a $5 "value meal" in the USA to battle against sluggish consumer demand.
It seems that the low- and middle-end consumers have reached the limit of absorbing the increase in commodity and service prices. All industries have issued profit warnings, and the market expects more and more fast food restaurants to provide discounts.
Positive Week for Yum China Holdings, Inc. (NYSE:YUMC) Institutional Investors Who Lost 38% Over the Past Year
KFC Expanding Its $5 Value Meal to Take on McDonald's in Price Wars
Yum China Announces Board Update and Committee Memberships
Brokerage focus: Haitong Securities maintains a 'outperform' rating on Yum China (09987), indicating that it is expected to achieve sustainable growth with its industry leading position.
Haitong Securities released research report stating that Yum China(09987) achieved revenue of 5.64 billion US dollars in H1 24, a year-on-year increase of 1%; net income after adjustment was 0.499 billion US dollars, a year-on-year increase of 2%. Among them, 2Q24 achieved revenue of 2.68 billion US dollars, a year-on-year increase of 1%, and net income after adjustment was 0.212 billion US dollars, a year-on-year increase of 7%; diluted EPS increased by 17% year-on-year to 0.55 US dollars. It is believed that the company focuses on providing high cost performance and innovative products, and KFC and Pizza Hut stores are steadily expanding (it is expected to add about 1,500-1,700 new stores in 2024).
Brokerage Xingye Securities maintains a "buy" rating on Yum China (09987), citing its net margin increase in the second quarter against the trend.
CITIC Securities released research indicating that Yum China (09987) achieved Q2 revenue of $2.68 billion, a YoY increase of 1%, with a net income attributable to shareholders of $0.212 billion, an increase of 8% YoY. Core operating profit was $0.275 billion, up 12% YoY; the company will maintain a dividend of $0.16 per share for Q2 2024. In terms of buybacks, the company was active in the first half of 2024 and repurchased shares worth $0.187 billion in Q2 2024, totaling $0.994 billion for 1H 2024. The bank pointed out that KFC's same-store sales in Q2 2024 decreased by 3% YoY, while
Yum China granted equity awards under its long-term incentive plan for 2022.
Yum China (09987) announced that on August 7, 2024 (US time), the company granted certain grantees (Grantees) stock awards under Yum China Holdings, Inc.'s 2022 Long-Term Incentive Plan (2022 Long-Term Incentive Plan). It is reported that there are 925 grantees, including 924 restaurant managers. The number of stock award units granted is 0.0709 million restricted stock units.
Yum China spent USD 2.4 million to repurchase 0.0714 million shares on August 9.
Yum China (09987) announced that on August 9, 2024, the company will spend 2.4 million US dollars to repurchase 0.0714 million shares, with a repurchase price of 33.23-34.03 US dollars per share.
Yum China Awards Equity to Incentivize Employees
Yum China (09987.HK) granted 0.0709 million restricted stock units.
On August 11th, Gelonhui reported that Yum China (09987.HK) announced the granting of 70,919 restricted stock units to several grant recipients under the Yum China Holdings Co., Ltd. 2022 Long-Term Incentive Plan on August 7th, 2024 (U.S. time).
Yum China (09987.HK) spent about 2.4 million US dollars on repurchasing 0.0714 million shares on August 9th.
Yum China (09987.HK) announced on August 11 that it repurchased 0.0714 million shares for approximately USD 2.4 million on August 9.
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