YUM! Brands, Inc. 8-K
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of Report (Date of earliest event reported)
March
11, 2006
Commission
file number 1-13163
___________
YUM!
BRANDS, INC.
(Exact
name of registrant as specified in its charter)
|
North
Carolina
|
|
13-3951308
|
|
(State
or other jurisdiction
of
incorporation or organization)
|
|
(IRS
Employer
Identification
No.)
|
|
1441
Gardiner Lane, Louisville, Kentucky
|
40213
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (502)
874-8300
Former
name or former address, if changed since last report: N/A
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[
]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Section
8
- Other Events
Item
8.01 Other
Events
On
March
13, 2006, YUM! Brands, Inc. issued a press release stating that Andrall E.
Pearson, a member of the Company’s Board of Directors and its Founding Chairman,
passed away on March 11. A copy of the Company’s press release is attached as
Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein
by
reference.
On
March
16, 2006, YUM! Brands, Inc. announced that its Board of Directors authorized
the
repurchase of up to an additional $500 million of the company’s outstanding
common stock over a period of up to 12 months. The Company also announced that
its Board of Directors approved a dividend of $0.115 per share of Common Stock,
which will be distributed May 5, 2006, to shareholders of record at the close
of
business on April 14, 2006. A copy of the Company’s press release announcing the
authorization of the share repurchases and quarterly dividend is attached as
Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein
by
reference.
Section
9
- Financial Statements and Exhibits
Item
9.01 Financial
Statements and Exhibits
| |
(c) |
Exhibits |
| |
99.1 |
Press
Release dated March 13, 2006 from YUM! Brands, Inc.: Andrall E. Pearson,
Founding Chairman of YUM! Brands, Passed Away on March 11,
2006 |
| |
99.2 |
Press
Release dated March 16, 2006 from YUM! Brands, Inc.: YUM! Brands, Inc.
Announces an Additional $500 Million Share-Repurchase Authorization
and
Declares Quarterly Dividend |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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YUM!
BRANDS, INC.
|
| |
|
(Registrant)
|
| |
|
|
|
Date:
March 16, 2006
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/s/
John P. Daly |
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Assistant
Secretary |