Yum! Brands authorizes $4B for stock buybacks

How big is it?

Yum! Brands bought back $888M of stock in the twelve months to Jun 30, 2026. At that pace, $4.0B covers about 4.5 years of buybacks.

The amount equals 238% of its free cash flow over the same twelve months ($1.7B).

Its diluted share count is down 1.4% from a year earlier.

An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.

Full Yum! Brands buyback record →