LOUISVILLE Ky. Yum! Brands Inc. authorized on Thursday an additional repurchase of $1.25 billion in corporate stock over the next 12 months, its second such authorization in just four months. The stock will be repurchased as part of the restaurant company’s overall buyback plan to purchase up to $4 billion of Yum stock during the next two years, which reduces its overall share count and aids earnings-per-share growth. In October, Yum authorized a $1.25 billion buyback and there is ...
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!