News

Yum authorizes $2B more in stock repurchases

November 18, 2016

Yum Brands board of directors authorized repurchases of up to $2 billion in shares of common stock through year end 2017, in addition to all prior authorizations. A company news release said that the share repurchases are part of an overall commitment to return significant capital to shareholders.

Louisville-based Yum Brands is the parent company of KFC, Pizza Hut and Taco Bell and recently broke off its China division into a separately traded entity.