Yum! Brands, Inc. Announces Authorization of up to $1.5 Billion in Share Repurchases
November 17 2017 - 9:00AM
Business Wire
Yum! Brands, Inc. (NYSE: YUM) Board of Directors yesterday
authorized repurchases of up to $1.5 billion in shares of common
stock through year end 2018. This is in addition to the prior
outstanding authorization. The anticipated share repurchases are
part of Yum! Brands’ commitment to return significant capital to
shareholders.
Yum! Brands, Inc., based in Louisville, Kentucky, has over
44,000 restaurants in more than 135 countries and territories and
is one of the Aon Hewitt Top Companies for Leaders in North
America. In 2017, Yum! Brands was named to the Dow Jones
Sustainability North America Index and among the top 100 Best
Corporate Citizens by Corporate Responsibility Magazine. The
company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are
the global leaders of the chicken, pizza and Mexican-style food
categories. Worldwide, the Yum! Brands system opens over six new
restaurants per day on average, making it a leader in global retail
development.
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version on businesswire.com: http://www.businesswire.com/news/home/20171117005114/en/
Yum! Brands, Inc.Analysts are invited to contact:Keith Siegner,
888-298-6986Vice President, Investor Relations, Corporate Strategy
and TreasurerorKelly Knybel, 888-298-6986Director, Investor
RelationsorMembers of the media are invited to contact:Virginia
Ferguson, 502-874-8200Director, Public Relations
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