Yum! buys back another $500M in common stocks

LOUISVILLE Ky. Yum! Brands Inc. increased by $500 million the amount of common stock it can purchase during the next 12 months under its share repurchase program, the company said Thursday. The move follows prior share repurchase authorizations for $500 million announced in September and March of last year. Yum said it still holds about $250 million under the September authorization.

Since the company began its repurchase program in 1999, more than 100 million

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