Yum! Brands, Inc. Announces Authorization of up to $2 Billion in Share Repurchases

LOUISVILLE, Ky.--()--Yum! Brands, Inc. (NYSE: YUM) today announced that its Board of Directors authorized repurchases of up to $2 billion in shares of common stock through year end 2017. This is in addition to all prior authorizations. The anticipated share repurchases are part of Yum! Brands’ commitment to returning significant capital to shareholders.

Yum! Brands, Inc., based in Louisville, Kentucky, has nearly 43,000 restaurants in 135 countries and territories and is one of the Aon Hewitt Top Companies for Leaders in North America. The company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are the global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over six new restaurants per day on average, making it a leader in global retail development.

Contacts

Yum! Brands, Inc.
Analysts are invited to contact:
Keith Siegner, 888-298-6986
Vice President, Investor Relations & Corporate Strategy
or
Elizabeth Grenfell, 888-298-6986
Director, Investor Relations
or
Members of the media are invited to contact:
Virginia Ferguson, 502-874-8200
Director, Public Relations

Release Summary

Yum! Brands, Inc. announces authorization of up to $2 billion in share repurchases.

Contacts

Yum! Brands, Inc.
Analysts are invited to contact:
Keith Siegner, 888-298-6986
Vice President, Investor Relations & Corporate Strategy
or
Elizabeth Grenfell, 888-298-6986
Director, Investor Relations
or
Members of the media are invited to contact:
Virginia Ferguson, 502-874-8200
Director, Public Relations