Yum Brands recently announced a huge increase to the capital return plan.
The details of the stock repurchase plan are highly misleading considering the purchases of stock prior to the split of the Yum China business.
Once the split takes place, yield investors can better evaluate the deal offered to investors.
In the midst of plans to split the China business into a separate company, Yum Brands (NYSE:YUM) plans massive capital returns to shareholders. Unlike other typical large-scale capital return plans, the stock actually trades near all-time highs.