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InterContinental Hotels Group PLC Announces Transaction in Own Shares - October 29

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InterContinental Hotels Group (IHG) has announced a share buyback transaction conducted on October 28, 2024, through Goldman Sachs International on the London Stock Exchange. The company purchased 21,018 ordinary shares at prices ranging from £85.22 to £86.36 per share, with an average price of £85.7972.

This purchase was executed under shareholder authority granted at the Annual General Meeting on May 3, 2024, following instructions issued on February 20, 2024. IHG intends to cancel these purchased shares. Following this transaction, the company has 158,965,822 ordinary shares in issue, excluding 6,956,782 shares held in treasury.

InterContinental Hotels Group (IHG) ha annunciato un'operazione di riacquisto di azioni effettuata il 28 ottobre 2024, tramite Goldman Sachs International sulla Borsa di Londra. L'azienda ha acquistato 21.018 azioni ordinarie a prezzi compresi tra £85,22 e £86,36 per azione, con un prezzo medio di £85,7972.

Questo acquisto è stato eseguito sotto l'autorità degli azionisti concessa nell'Assemblea Generale Annuale del 3 maggio 2024, a seguito di istruzioni emesse il 20 febbraio 2024. IHG intende annullare queste azioni acquistate. Dopo questa transazione, l'azienda ha 158.965.822 azioni ordinarie in circolazione, escluse 6.956.782 azioni detenute in tesoreria.

InterContinental Hotels Group (IHG) ha anunciado una operación de recompra de acciones realizada el 28 de octubre de 2024, a través de Goldman Sachs International en la Bolsa de Valores de Londres. La compañía compró 21,018 acciones ordinarias a precios que van desde £85.22 hasta £86.36 por acción, con un precio promedio de £85.7972.

Esta compra se llevó a cabo bajo la autoridad de los accionistas otorgada en la Junta General Anual del 3 de mayo de 2024, tras instrucciones emitidas el 20 de febrero de 2024. IHG tiene la intención de cancelar estas acciones compradas. Tras esta transacción, la compañía cuenta con 158,965,822 acciones ordinarias en circulación, excluyendo 6,956,782 acciones mantenidas en tesorería.

인터컨티넨탈 호텔 그룹 (IHG)은 2024년 10월 28일 런던 증권 거래소에서 골드만 삭스 인터내셔널을 통해 실시된 자사주 매입 거래를 발표했습니다. 회사는 21,018주를 주당 £85.22에서 £86.36 사이의 가격으로 평균 £85.7972에 매입했습니다.

이 매입은 2024년 5월 3일 열린 연례 총회에서 주주 권한에 따라 수행되었으며, 2024년 2월 20일에 발행된 지침에 따랐습니다. IHG는 매입한 주식을 취소할 계획입니다. 이 거래 이후 회사는 6,956,782주의 재무국에서 보유 주식을 제외하고 158,965,822주의 보통주를 발행하고 있습니다.

InterContinental Hotels Group (IHG) a annoncé une opération de rachat d'actions effectuée le 28 octobre 2024, par l'intermédiaire de Goldman Sachs International sur le marché boursier de Londres. La société a acheté 21.018 actions ordinaires à des prix allant de £85,22 à £86,36 par action, avec un prix moyen de £85,7972.

Ce rachat a été réalisé sous l'autorité des actionnaires accordée lors de l'Assemblée Générale Annuelle du 3 mai 2024, suite à des instructions émises le 20 février 2024. IHG prévoit d'annuler ces actions achetées. Suite à cette opération, la société compte 158.965.822 actions ordinaires en circulation, hors 6.956.782 actions détenues en trésorerie.

InterContinental Hotels Group (IHG) hat eine Aktienrückkauftransaktion angekündigt, die am 28. Oktober 2024 über Goldman Sachs International an der Londoner Börse durchgeführt wurde. Das Unternehmen kaufte 21.018 Stammaktien zu Preisen zwischen £85,22 und £86,36 pro Aktie, mit einem Durchschnittspreis von £85,7972.

Dieser Kauf wurde unter der von der Hauptversammlung am 3. Mai 2024 erteilten Aktionärsautorisierung und nach den am 20. Februar 2024 erteilten Weisungen ausgeführt. IHG beabsichtigt, diese gekauften Aktien zu annullieren. Nach dieser Transaktion hat das Unternehmen 158.965.822 Stammaktien im Umlauf, abzüglich 6.956.782 gehaltenen Aktien.

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Purchase of own shares

LONDON, UNITED KINGDOM / ACCESSWIRE / October 29, 2024 / The Company announces that on 28 October 2024 it purchased the following number of its ordinary shares of 20340/399 pence 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:

28 October 2024

Aggregate number of ordinary shares purchased:

21,018

Lowest price paid per share:

£ 85.2200

Highest price paid per share:

£ 86.3600

Average price paid per share:

£ 85.7972

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 158,965,822 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/9433J_1-2024-10-28.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: 21,018 (ISIN: GB00BHJYC057)

Date of purchases: 28 October 2024

Investment firm: GSI

Aggregated information:

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

21,018

Highest price paid (per ordinary share)

£ 86.3600

Lowest price paid (per ordinary share)

£ 85.2200

Volume weighted average price paid(per ordinary share)

£ 85.7972

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 purchase on October 28, 2024?

IHG purchased 21,018 ordinary shares on October 28, 2024.

What was the average price paid per share in IHG's October 28 buyback?

The volume weighted average price paid per share was £85.7972.

How many shares does IHG have in issue after the October 28 transaction?

After the transaction, IHG has 158,965,822 ordinary shares in issue, excluding 6,956,782 shares held in treasury.

What is IHG planning to do with the shares purchased on October 28?

IHG intends to cancel the purchased shares.

Which investment firm executed IHG's share purchase on October 28?

Goldman Sachs International (GSI) executed the share purchase on the London Stock Exchange.

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