other material
confidence high
sentiment neutral
materiality 0.15
Yum China stockholders elect 11 directors, approve auditor and share repurchase authority at 2024 annual meeting
Yum China Holdings, Inc.
- 325,243,921 shares (82.96% of outstanding) present at May 23, 2024 meeting; quorum achieved.
- All 11 director nominees elected, including Fred Hu and Joey Wat, with over 282M votes each.
- KPMG Huazhen LLP and KPMG ratified as independent auditors for 2024 (322.6M for, 2.1M against).
- Advisory vote on executive compensation passed with 267.7M for vs 20.9M against (excluding broker non-votes).
- Board authorized to issue up to 20% of shares and repurchase up to 10% of shares until next annual meeting or June 23, 2025.