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InterContinental Hotels Group PLC Announces Transaction in Own Shares - Sept 03

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InterContinental Hotels Group PLC (IHG) announced a share buyback transaction on September 2, 2024. The company purchased 40,554 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £75.60 to £76.88, with an average price of £76.34 per share.

This purchase was made in accordance with shareholder authority granted at the Annual General Meeting on May 3, 2024, and follows instructions issued by IHG on February 20, 2024. The company intends to cancel the purchased shares. After this transaction, IHG has 159,687,914 ordinary shares in issue, excluding 7,006,782 held in treasury.

The buyback demonstrates IHG's commitment to managing its capital structure and potentially enhancing shareholder value. Investors should note that such actions may impact the company's stock price and financial position.

InterContinental Hotels Group PLC (IHG) ha annunciato una transazione di riacquisto di azioni il 2 settembre 2024. L'azienda ha acquistato 40.554 azioni ordinarie tramite Goldman Sachs International sulla Borsa di Londra. Le azioni sono state comprate a prezzi compresi tra £75,60 e £76,88, con un prezzo medio di £76,34 per azione.

Questo acquisto è stato effettuato in conformità con l'autorizzazione degli azionisti concessa durante l'Assemblea Generale Annuale del 3 maggio 2024 e segue le istruzioni emesse da IHG il 20 febbraio 2024. L'azienda intende annullare le azioni acquistate. Dopo questa transazione, IHG ha 159.687.914 azioni ordinarie emesse, escluse 7.006.782 detenute in tesoreria.

Il riacquisto dimostra l'impegno di IHG nella gestione della sua struttura di capitale e potrebbe contribuire a migliorare il valore per gli azionisti. Gli investitori devono notare che tali azioni potrebbero influenzare il prezzo delle azioni e la posizione finanziaria dell'azienda.

InterContinental Hotels Group PLC (IHG) anunció una operación de recompra de acciones el 2 de septiembre de 2024. La compañía adquirió 40,554 acciones ordinarias a través de Goldman Sachs International en la Bolsa de Valores de Londres. Las acciones se compraron a precios que oscilan entre £75.60 y £76.88, con un precio promedio de £76.34 por acción.

Esta compra se realizó de acuerdo con la autorización de los accionistas otorgada en la Junta General Anual del 3 de mayo de 2024, y sigue las instrucciones emitidas por IHG el 20 de febrero de 2024. La compañía tiene la intención de cancelar las acciones adquiridas. Después de esta transacción, IHG tiene 159,687,914 acciones ordinarias en circulación, excluyendo 7,006,782 en tesorería.

La recompra demuestra el compromiso de IHG con la gestión de su estructura de capital y la potencial mejora del valor para los accionistas. Los inversores deben tener en cuenta que tales acciones pueden impactar el precio de las acciones y la posición financiera de la empresa.

인터컨티넨탈 호텔 그룹 PLC (IHG)는 2024년 9월 2일 주식 매입 거래를 발표했습니다. 회사는 런던 증권 거래소에서 골드만 삭스를 통해 40,554주 일반주식을 구매했습니다. 주식은 £75.60에서 £76.88까지의 가격으로 구매되었으며, 평균 가격은 £76.34입니다.

이번 매입은 2024년 5월 3일 열린 연례총회에서 부여된 주주 권한에 따라 이루어졌으며, 2024년 2월 20일 IHG에서 발행한 지침을 따릅니다. 회사는 구매한 주식을 취소할 계획입니다. 이 거래 이후 IHG는 159,687,914주 일반주식을 발행하게 되며, 7,006,782주는 국고에 보유됩니다.

이 재매입은 IHG의 자본 구조 관리를 위한 헌신을 나타내며, 주주 가치를 잠재적으로 향상시킬 수 있습니다. 투자자들은 이러한 조치가 회사의 주가와 재무 상태에 영향을 미칠 수 있음을 주의해야 합니다.

InterContinental Hotels Group PLC (IHG) a annoncé une opération de rachat d'actions le 2 septembre 2024. L'entreprise a acheté 40 554 actions ordinaires via Goldman Sachs International sur la Bourse de Londres. Les actions ont été achetées à des prix allant de 75,60 £ à 76,88 £, avec un prix moyen de 76,34 £ par action.

Ce rachat a été effectué conformément à l'autorisation des actionnaires accordée lors de l'assemblée générale annuelle du 3 mai 2024, et fait suite aux instructions émises par IHG le 20 février 2024. L'entreprise envisage de annuler les actions achetées. Après cette opération, IHG a 159 687 914 actions ordinaires en circulation, hors 7 006 782 détenues en trésorerie.

Le rachat démontre l'engagement d'IHG à gérer sa structure de capital et à potentiellement améliorer la valeur pour les actionnaires. Les investisseurs doivent noter que de telles actions peuvent influencer le prix des actions et la situation financière de l'entreprise.

Die InterContinental Hotels Group PLC (IHG) gab am 2. September 2024 eine Aktienrückkaufmaßnahme bekannt. Das Unternehmen erwarb 40.554 Stammaktien über Goldman Sachs International an der London Stock Exchange. Die Aktien wurden zu Preisen zwischen £75,60 und £76,88 gekauft, mit einem durchschnittlichen Preis von £76,34 pro Aktie.

Dieser Kauf erfolgte gemäß der von der Hauptversammlung am 3. Mai 2024 erteilten Aktionärsbehörde und folgt den Anweisungen, die IHG am 20. Februar 2024 erteilt hat. Das Unternehmen beabsichtigt, die gekauften Aktien zu annullieren. Nach dieser Transaktion gibt es von IHG 159.687.914 Stammaktien, abzüglich 7.006.782, die im Tresor gehalten werden.

Der Rückkauf zeigt IHGS Engagement für das Management seiner Kapitalstruktur und könnte den Wert für die Aktionäre potenziell steigern. Investoren sollten beachten, dass solche Maßnahmen den Aktienkurs und die finanzielle Lage des Unternehmens beeinflussen könnten.

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LONDON, UNITED KINGDOM / ACCESSWIRE / September 3, 2024 / The Company announces that on 02 September 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:

02 September 2024

Aggregate number of ordinary shares purchased:

40,554

Lowest price paid per share:

£ 75.6000

Highest price paid per share:

£ 76.8800

Average price paid per share:

£ 76.3440

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 159,687,914 ordinary shares in issue (excluding 7,006,782 held in treasury).

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

http://www.rns-pdf.londonstockexchange.com/rns/6145C_1-2024-9-2.pdf

Enquiries to:

InterContinental Hotels Group PLC:

Investor Relations: Stuart Ford (+44 (0)7823 828 739);
Aleksandar Milenkovic (+44 (0)7469 905 720)
Joe Simpson (+44 (0)7976 862 072)
Media Relations: Mike Ward (+44 (0)7795 257 407)

Schedule of Purchases

Shares purchased: 40,554 (ISIN: GB00BHJYC057)

Date of purchases: 02 September 2024

Investment firm: GSI

Aggregated information:

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

21,133

19,421

Highest price paid (per ordinary share)

£ 76.8800

£ 76.8800

Lowest price paid (per ordinary share)

£ 75.6000

£ 75.6600

Volume weighted average price paid(per ordinary share)

£ 76.3405

£ 76.3477

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 September 2, 2024?

InterContinental Hotels Group PLC (IHG) purchased 40,554 ordinary shares on September 2, 2024.

What was the price range for IHG's share buyback on September 2, 2024?

The shares were bought at prices ranging from £75.60 to £76.88, with an average price of £76.34 per share.

What is IHG's plan for the shares purchased in this buyback?

InterContinental Hotels Group PLC (IHG) intends to cancel the purchased shares.

How many ordinary shares does IHG have in issue after this transaction?

After this buyback, IHG has 159,687,914 ordinary shares in issue, excluding 7,006,782 held in treasury.

When was the shareholder authority for this buyback granted to IHG?

The shareholder authority for this buyback was granted at IHG's Annual General Meeting on May 3, 2024.

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