Yum! Brands Boosts Buyback Authorization By $300 Million (YUM)
Wednesday, March 17, 2010 - 07:03
Written on Wed, 03/17/2010 - 7:03am
By Chip Brian

3/17/2010-Yum! Brands Inc.'s (NYSE: YUM) board of directors has authorized $300 million in share repurchases over the next 12 months in addition to the $300 million it authorized in September 2009.
Between 2004 and 2009, Yum! repurchased $5.6 billion of stock at an average price of $28.23 resulting in a 21% reduction in shares outstanding.
This year, Yum! has utilized around $130 million of the $300 million share repurchase authorization from September 2009.

Keywords: yum! buyback authorization repurchase

Ticker(s): YUM

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