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Yum Brands Announces $300 Million Share Repurchases (YUM)

Written on Fri, 03/12/2010 - 4:00pm
By Chip Brian

3/12/2010- Yum! Brands' (NYSE:YUM) board of directors authorized $300 million in share repurchases over the next 12 months in addition to the $300 million that was authorized in September of 2010.
Between 2004 and 2009, the company repurchased $5.6 billion of stock at an average price of $28.23 resulting in a 21% reduction in shares outstanding.

Keywords: Yum! Brands finance stock market Business News smartrend

Ticker(s): YUM

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