First Trade Date for Yum Brands, Inc.
| Company Name | First Trade Date (yyyy-mm-dd) |
| Yum Brands, Inc. | 1997-09-17 |
| Company Name | Symbol |
| Yum Brands, Inc. | YUM |
| History and Business of Company (this information may include date of incorporation) | |
|
YUM! Brands, Inc. (referred to herein as "YUM" or the "Company"), formerly known as TRICON Global Restaurants, Inc., was incorporated under the laws of the state of North Carolina in 1997. The principal executive offices of YUM are located at 1441 Gardiner Lane, Louisville, Kentucky 40213, and its telephone number at that location is (502) 874-8300. YUM, the registrant, together with its restaurant operating companies and other subsidiaries, is referred to in this Form 10-K annual report ("Form 10-K") as the Company. Prior to October 6, 1997, the business of the Company was conducted by PepsiCo, Inc. ("PepsiCo") through various subsidiaries and divisions. This Form 10-K should be read in conjunction with the Cautionary Statements on page 40. In January 1997, PepsiCo announced its decision to spin-off its restaurant businesses to shareholders as an independent public company (the "Spin-off"). Effective October 6, 1997, PepsiCo disposed of its restaurant businesses by distributing all of the outstanding shares of common stock of YUM to its shareholders. YUM's Common Stock began trading on the New York Stock Exchange on October 7, 1997 under the symbol "YUM." Prior to that date, from September 17, 1997 through October 6, 1997, YUM's Common Stock was traded on the New York Stock Exchange on a "when-issued" basis. On May 7, 2002, YUM completed the acquisition of Yorkshire Global Restaurants, Inc. ("YGR"), the parent company and operator of Long John Silver's ("LJS") and A&W All-American Food Restaurants ("A&W"). Additionally, on May 16, 2002, following receipt of shareholder approval, the Company changed its name from TRICON Global Restaurants, Inc. to YUM! Brands, Inc. | |
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