STOCK TITAN

InterContinental Hotels Group PLC Announces Transaction in Own Shares - October 30

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

InterContinental Hotels Group (IHG) has announced a share buyback transaction conducted on October 29, 2024, through Goldman Sachs International on the London Stock Exchange. The company purchased 33,768 ordinary shares at prices ranging from £85.60 to £86.48 per share, with an average price of £85.96.

Following this transaction, IHG intends to cancel the purchased shares. The company now has 158,932,054 ordinary shares in issue, excluding 6,956,782 shares held in treasury. This purchase was executed under shareholder authority granted at the Annual General Meeting on May 3, 2024, following instructions issued on February 20, 2024.

InterContinental Hotels Group (IHG) ha annunciato un'operazione di riacquisto di azioni effettuata il 29 ottobre 2024, attraverso Goldman Sachs International presso la Borsa di Londra. L'azienda ha acquistato 33.768 azioni ordinarie a prezzi compresi tra 85,60 sterline e 86,48 sterline per azione, con un prezzo medio di 85,96 sterline.

Dopo questa transazione, IHG intende cancellare le azioni acquistate. L'azienda ha ora 158.932.054 azioni ordinarie in circolazione, escludendo 6.956.782 azioni detenute in tesoreria. Questo acquisto è stato eseguito sotto l'autorità degli azionisti concessa nell'Assemblea Generale Annuale del 3 maggio 2024, secondo le istruzioni emesse il 20 febbraio 2024.

InterContinental Hotels Group (IHG) ha anunciado una transacción de recompra de acciones realizada el 29 de octubre de 2024, a través de Goldman Sachs International en la Bolsa de Londres. La empresa compró 33,768 acciones ordinarias a precios que oscilan entre £85.60 y £86.48 por acción, con un precio promedio de £85.96.

Tras esta transacción, IHG tiene la intención de cancelar las acciones compradas. La empresa tiene ahora 158,932,054 acciones ordinarias en circulación, excluyendo 6,956,782 acciones mantenidas en tesorería. Esta compra se llevó a cabo bajo la autoridad de los accionistas otorgada en la Junta General Anual del 3 de mayo de 2024, siguiendo las instrucciones emitidas el 20 de febrero de 2024.

인터컨티넨탈 호텔 그룹(IHG)은 2024년 10월 29일 런던 증권 거래소에서 골드만삭스 인터내셔널을 통해 실시된 자사주 매입 거래를 발표했습니다. 회사는 33,768주의 보통주를 £85.60에서 £86.48 사이의 가격으로, 평균 £85.96에 구매했습니다.

이번 거래에 따라 IHG는 매입한 주식을 취소할 계획입니다. 회사는 현재 158,932,054개의 보통주가 발행되어 있으며, 6,956,782주가 자사주로 보유되어 있습니다. 이 매입은 2024년 5월 3일 개최된 정기주주총회에서 부여된 주주 권한에 따라 이루어졌으며, 2024년 2월 20일에 발행된 지침을 따랐습니다.

InterContinental Hotels Group (IHG) a annoncé une opération de rachat d'actions réalisée le 29 octobre 2024, par l'intermédiaire de Goldman Sachs International sur la Bourse de Londres. L'entreprise a acheté 33 768 actions ordinaires à des prix variant de 85,60 £ à 86,48 £ par action, avec un prix moyen de 85,96 £.

À la suite de cette opération, IHG prévoit d'annuler les actions rachetées. L'entreprise dispose désormais de 158 932 054 actions ordinaires en circulation, à l'exclusion de 6 956 782 actions détenues en trésorerie. Cet achat a été effectué en vertu de l'autorité des actionnaires accordée lors de l'Assemblée Générale Annuelle le 3 mai 2024, suivant les instructions émises le 20 février 2024.

Die InterContinental Hotels Group (IHG) hat eine Aktienrückkauftransaktion bekannt gegeben, die am 29. Oktober 2024 über Goldman Sachs International an der Londoner Börse durchgeführt wurde. Das Unternehmen erwarb 33.768 Stammaktien zu Preisen zwischen 85,60 £ und 86,48 £ pro Aktie, mit einem Durchschnittspreis von 85,96 £.

Nach dieser Transaktion beabsichtigt IHG, die erworbenen Aktien zu annullieren. Das Unternehmen hat jetzt 158.932.054 ausgegebene Stammaktien, ohne 6.956.782 gehaltene Aktien im Eigenbestand. Dieser Kauf wurde auf Grundlage der den Aktionären erteilten Vollmacht bei der ordentlichen Hauptversammlung am 3. Mai 2024 durchgeführt, gemäß den am 20. Februar 2024 ergangenen Anweisungen.

Positive
  • None.
Negative
  • None.

LONDON, UNITED KINGDOM / ACCESSWIRE / October 30, 2024 / The Company announces that on 29 October 2024 it purchased the following number of its ordinary shares of 20340/399pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February 2024.

Date of purchase:

29 October 2024

Aggregate number of ordinary shares purchased:

33,768

Lowest price paid per share:

£ 85.6000

Highest price paid per share:

£ 86.4800

Average price paid per share:

£ 85.9626

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 158,932,054 ordinary shares in issue (excluding 6,956,782 held in treasury).

A full breakdown of the individual purchases by GSI is included below.

http://www.rns-pdf.londonstockexchange.com/rns/1271K_1-2024-10-29.pdf

Enquiries to:

InterContinental Hotels Group PLC:

Investor Relations: Stuart Ford (+44 (0)7823 828 739); Joe Simpson (+44 (0)7976 862 072)

Media Relations: Mike Ward (+44 (0)7795 257 407)

Schedule of Purchases

Shares purchased: 33,768 (ISIN: GB00BHJYC057)

Date of purchases: 29 October 2024

Investment firm: GSI

Aggregated information:

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

33,768

Highest price paid (per ordinary share)

£ 86.4800

Lowest price paid (per ordinary share)

£ 85.6000

Volume weighted average price paid(per ordinary share)

£ 85.9626

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: InterContinental Hotels Group PLC



View the original press release on accesswire.com

FAQ

How many shares did IHG buy back on October 29, 2024?

IHG purchased 33,768 ordinary shares on October 29, 2024.

What was the average price paid per share in IHG's October 29 buyback?

The volume weighted average price paid per share was £85.9626.

How many ordinary shares does IHG have in issue after the October 29 buyback?

After the transaction, IHG has 158,932,054 ordinary shares in issue, excluding 6,956,782 shares held in treasury.

What is IHG planning to do with the shares purchased on October 29, 2024?

IHG intends to cancel the purchased shares.

INTERCONTL HOTLS ORD NEW

OTC:ICHGF

ICHGF Rankings

ICHGF Latest News

ICHGF Stock Data

17.63B
152.86M
6%
71.34%
Lodging
Consumer Cyclical
Link
United States of America
Windsor