secwatch.observer — SEC 8-K summary
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Issuer:     Yum China Holdings, Inc. (YUMC)
CIK:        0001673358
Form:       8-K
Filed at:   2024-05-23T23:59:59+00:00
Accession:  0000950170-24-064015
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Yum China stockholders elect 11 directors, approve auditor and share repurchase authority at 2024 annual meeting
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673358/000095017024064015/0000950170-24-064015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673358/000095017024064015/yumc-20230525.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-064015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer