Yum Brands (NYSE:YUM) Inc., which operates the Taco Bell, KFC and Pizza Hut chains, said Thursday its board approved the repurchase of up to an additional $1.25 billion in common stock.
The company said this authorization, which lasts over the next 12 months, is part of its overall plan to buy back a total of up to $4 billion in stock over a two-year period.
The company said this authorization, which lasts over the next 12 months, is part of its overall plan to buy back a total of up to $4 billion in stock over a two-year period.
