{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-316788","form_type":"8-K","ticker":"YUMC","cik":"0001673358","company_name":"Yum China Holdings, Inc.","filed_at":"2025-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.109533+00:00","generated_at":"2026-05-16T13:21:45.612650+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Yum China expands buyback authorization by $1B, sets $460M repurchase for H1 2026","bullets":["Board increased buyback authorization by $1B to $5.4B total; remaining authorization ~$1.2B.","Entered $460M repurchase agreements for H1 2026: $350M in U.S., HK$880M in Hong Kong.","Plans to return $1.5B to shareholders in 2026 via dividends and buybacks, ~9% of market cap.","From 2024-2026, on track to return $4.5B; from 2027, plans ~100% of free cash flow, ~$0.9-1B annually."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-316788","json":"https://secwatch.observer/filing/0001193125-25-316788.json","markdown":"https://secwatch.observer/filing/0001193125-25-316788.md","text":"https://secwatch.observer/filing/0001193125-25-316788.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1673358/000119312525316788/0001193125-25-316788-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1673358/000119312525316788/yumc-20251212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:21:45.612650+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}