March 25, 2020 Sophia Vida
Hot Stocks

Yum Brands Has Suspended its $2 Billion Buyback Program

Yum Brands, which operates brands KFC, Taco Bell, Pizza Hut, and WingStreet worldwide, except in China, has announced that it has suspended its $2 billion buyback program. The company has tapped into a $525 million revolving credit facility as the COVID-19 pandemic has put pressure on the restaurant business. “We have over $1 billion of … Continue reading “Yum Brands Has Suspended its $2 Billion Buyback Program”