Taco Bell parent Yum Brands authorizes share buybacks of up to $2 billion

Discussion in 'Market News' started by sniper-academy, Aug 10, 2018.

Draft saved Draft deleted
  1. sniper-academy

    sniper-academy Administrator Staff Member

    Sep 30, 2011
    Likes Received:
    Yum Brands Inc. , whose portfolio of fast-food chains includes Taco Bell, KFC and Pizza Hut, said Friday that it has authorized up to $2 billion in share buybacks through the end of 2019. This is in addition to the remaining $329 million from previous authorizations. Yum Brands shares are down 0.7% in early Friday trading, but up 0.8% for the year to date. The S&P 500 index has gained 6.1% for the period.

    Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

    [​IMG] [​IMG] [​IMG] [​IMG]

    Continue reading...

Share This Page