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Yum China spent HKD 4.6787 million to repurchase 17,400 shares on June 14.
Yum China Holdings (09987) released an announcement that on June 14, 2024, the company repurchased 70,500 shares for $2.4 million on the New York Stock Exchange. On the same day, the company repurchased 17,400 shares for HKD 4.6787 million on the Hong Kong Stock Exchange, with a repurchase price per share of HKD 265.6-270.6.
Yum China (09987) spent HKD 4.6787 million on repurchasing 17,400 shares on June 14th.
Yum China (09987) announced on June 14, 2024 that the company spent 2... on the New York Stock Exchange.
Yum China (09987.HK) spent $2.4 million to buy back 69,000 shares on June 13th.
Yum China (09987.HK) announced on June 14th that it repurchased 69,000 shares for $2.4 million on June 13th.
Yum China (09987.HK) repurchased 70,300 shares for $2.4 million on June 12th.
On June 13, Gelonhui reported that Yum China (09987.HK) spent $2.4 million to repurchase 70,300 shares on June 12, 2024, with a repurchase price of HK$33.7-34.39 per share.
Huafu Securities initiates coverage on Yum China (09987) with a "buy" rating, indicating that accelerating franchise store layout will promote the company's product sales growth.
Jinwu Finance News| Huafu Securities issued a research report stating that Yum China (09987) has a strong market foundation and customer demand stickiness, and brand momentum provides support for the company's performance resilience. In 2023, the company achieved performance recovery growth, with revenue +14.72% YoY and net income attributed to shareholders +90% YoY. The bank pointed out that the company's direction of localization of products, coupled with strong R&D capabilities and the construction of product barriers, the company strengthens supply chain management and maintains the stable development of a strong supply chain and logistics network. The company is also taking steps to reserve high-quality development talents, and enhancing digital management, especially in three areas: ordering, payment, and membership system.
Q1 Earnings Outperformers: Yum China (NYSE:YUMC) And The Rest Of The Traditional Fast Food Stocks
Earnings results often indicate what direction a company will take in the months ahead.
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