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Yum China to acquire Pizza Hut IP rights in China from Yum! Brands for $1.2B cash
Purchase price $1.2B cash; expected closing Q3 2026; not subject to financing condition.
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Yum China to acquire Pizza Hut brand in Mainland China for $1.2B cash
Cash consideration of $1.2B; implied LTM P/E of 19.5x, a 17% discount to peer median.
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Yum China shareholders elect all 12 directors, approve say-on-pay and share repurchase authority
All 12 director nominees elected; Zhe (David) Wei received lowest support at 83.9% of votes cast.
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Yum China Reports Q1 2026 Revenue Up 10%, Operating Profit Up 12%, Record Store Openings
Total revenues increased 10% YoY to $3.3 billion; operating profit grew 12% YoY to $447 million.
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Yum China issues 2025 annual report for HK Exchange compliance
Annual report for year ended Dec 31, 2025 filed with Hong Kong Stock Exchange on April 8, 2026.
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Yum China issues FY2025 annual results via HKEX; filing lacks specific figures
Annual results for year ended December 31, 2025 released to Hong Kong Stock Exchange on February 27, 2026.
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Yum China announces Q4 and FY2025 results; no figures in filing body
Results cover quarter and full year ended December 31, 2025.
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Director Robert B. Aiken will not stand for re-election at Yum China 2026 annual meeting
Robert B. Aiken notified Yum China on Jan 6, 2026, he will not stand for re-election at the 2026 Annual Meeting.
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Yum China expands buyback authorization by $1B, sets $460M repurchase for H1 2026
Board increased buyback authorization by $1B to $5.4B total; remaining authorization ~$1.2B.
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Yum China unveils RGM 3.0 strategy, targets high-single-digit OP CAGR and double-digit EPS CAGR through 2028
Store expansion: on track for 20,000 stores by 2026, accelerating to over 30,000 stores by 2030.
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Yum China files 8-K for Q3 2025 earnings; no financial details available in provided text
Filed 8-K on November 4, 2025 for Q3 2025 earnings.
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Yum China appoints director David Wei to Food Safety and Sustainability Committee
Board appointed Zhe (David) Wei to Food Safety and Sustainability Committee effective September 19, 2025.
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Yum China issues interim report for H1 2025 under Hong Kong listing rules
Interim report for six months ended June 30, 2025 filed with HKEX on September 3, 2025.
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Yum China plans additional ~$270M share buybacks for 2025, total return expected ~$1.5B
Additional $270M open-market share repurchase program announced, starting Sept 3, 2025.
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Yum China posts interim results announcement on HKSE; no financial details in 8-K
Filing under Item 7.01 references an interim results announcement published on HKEX.
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Yum China appoints former Alibaba.com CEO Zhe (David) Wei to Board of Directors
Mr. Zhe (David) Wei appointed as director effective August 6, 2025; board expanded to 13 directors, 11 independent.
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Yum China shareholders approve all proposals at 2025 annual meeting
All 12 director nominees elected; Fred Hu received 280.2M votes for, Joey Wat 285.8M.
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Yum China Q1 EPS $0.77 (+8% YoY), same-store sales flat; margins expand
Diluted EPS rose 8% YoY to a Q1 record $0.77; revenue $3.0B (+1%); operating profit $399M (+7%).
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Yum China files 2024 annual report on HKEX; no new financial details
Issued 2024 annual report in compliance with Hong Kong listing rules.
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Yum China appoints Adrian Ding as CFO, effective March 6, 2025
Appointed Adrian Ding as CFO effective March 6, 2025; he had been Acting CFO since October 2024.
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Yum China issues FY2024 annual results announcement via HKEX
Annual results for year ended Dec 31, 2024 released on Feb 27, 2025.
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Yum China announces Q4 and FY2024 results; no specific figures in filing excerpt
Press release issued on Feb 6, 2025 covers unaudited Q4 and full-year 2024 financial results.
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Yum China issues Q3 2024 earnings press release (no figures in filing excerpt)
Press release furnished as Exhibit 99.1 announces unaudited Q3 2024 results.
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Yum China appoints Mikel Durham to Audit and Compensation Committees
Mikel A. Durham was appointed to the Audit Committee and Compensation Committee effective September 20, 2024.
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Yum China issues interim report for H1 2024 in compliance with HKEX rules
Filed interim report for six months ended June 30, 2024 as required by Hong Kong listing rules.
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Yum China references HKEX interim results announcement; no details in 8-K
Filing under Item 7.01 only links to HKEX news release; no financial figures included.
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Yum China CFO Andy Yeung resigns; Adrian Ding named Acting CFO; Mikel Durham joins Board
CFO Andy Yeung resigns effective Sept 30, 2024 for personal reasons; Adrian Ding appointed Acting CFO from Oct 1.
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Yum China stockholders elect 11 directors, approve auditor and share repurchase authority at 2024 annual meeting
325,243,921 shares (82.96% of outstanding) present at May 23, 2024 meeting; quorum achieved.
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Yum China Q1 revenues hit all-time high $2.96B; diluted EPS up 10% ex-FX; record 378 net new stores
Total revenues $2.96B (+1% reported, +7% ex-FX); system sales +6% ex-FX on 8% net new unit contribution.
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Yum China files 2023 annual report on Hong Kong Stock Exchange
Annual report for FY ended Dec 31, 2023 filed on HKEX on April 8, 2024.
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Yum China annual results for FY2023 announced via HKEX filing; no data in 8-K
Filing references annual results for year ended Dec 31, 2023 posted on HKEX.
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Yum China files 8-K for Q4/FY2023 results; press release not included in excerpt
Filing states a press release was issued on Feb 6, 2024 for unaudited full-year and Q4 2023 results.
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Yum China: CCO Johnson Huang to retire June 2024; CLO Joseph Chan resigns Feb 2024; successors named
Johnson Huang steps down as Chief Customer Officer Dec 31, 2023; will retire June 30, 2024 after 17 years.
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Yum China announces $750M share repurchase program for 2024
Plans to repurchase up to $750 million of common stock in 2024.
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Yum China expands share repurchase authorization by $1B to $3.4B
Board increased share repurchase authorization by $1B, bringing total to $3.4B; remaining authorization ~$1.8B.
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Yum China announces Q3 2023 earnings; no specific figures in filing text
Press release issued on October 31, 2023 for the quarter ended September 30, 2023.
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Yum China targets 20,000 stores by 2026, $3B shareholder return, double-digit EPS CAGR
KFC to accelerate net new store openings to >1,200 annually (15-20% franchise); Pizza Hut to 400-500 net new stores yearly.
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Yum China issues H1 2023 interim report per Hong Kong listing rules
Filing provides link to HKEX for the interim report for six months ended June 30, 2023.
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Yum China issues interim results announcement on HKEX (Aug 9, 2023)
Interim results announcement issued in compliance with Hong Kong listing rules.
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Yum China announces Q2 2023 results; specific figures not available in 8-K body
Yum China issued a press release on July 31, 2023, reporting unaudited Q2 2023 financial results.
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Yum China appoints David Hoffmann to board, names Jerry Ding as Chief People Officer
David Hoffmann appointed to Yum China board effective July 14, 2023; board expands to 10 directors, 9 independent.
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Yum China shareholders approve all proposals at 2023 annual meeting; say-on-pay passes with 67% support
All nine director nominees elected; highest opposition was Ruby Lu with 38.3M against (11.5% of votes cast).
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Yum China announces Q1 2023 results; no financial details in 8-K text
Press release issued May 2, 2023 for Q1 ended March 31, 2023.
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Yum China issues Q4/FY 2022 results press release; financial details not provided in filing text
Press release announced unaudited results for Q4 and full year ended December 31, 2022.
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Yum China announces Q3 2022 earnings press release; no details provided
Filing reports issuance of a press release for third quarter ended September 30, 2022.
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Yum China receives HKEX approval for primary conversion effective Oct 24, dual primary listing begins
Company received all necessary Hong Kong Stock Exchange approvals for Primary Conversion.
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Yum China shareholders approve 2022 LTIP and HKEX primary conversion; effective Oct 24
Special meeting on Oct 11 approved issuance authority up to 20% of outstanding shares and repurchase authority up to 10%.
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Yum China applies for primary listing on HKEX; special meeting Oct 11
Filed for voluntary conversion from secondary to primary listing on HKEX; effective Oct 24, 2022 pending approvals.
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Yum China announces Q2 2022 results; details not included in filing text
Filed press release for Q2 2022 unaudited results as Exhibit 99.1.
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Yum China shareholders elect all 10 director nominees, ratify auditor, approve say-on-pay at 2022 annual meeting
Quorum of 86.02% (364.5M shares) present at May 27, 2022 virtual meeting.