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InterContinental Hotels Group PLC Announces Transaction in Own Shares – Sept 4

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InterContinental Hotels Group PLC (IHG) has announced a share buyback transaction on September 3, 2024. The company purchased 20,000 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £75.76 to £77.42, with an average price of £76.2660 per share.

This purchase was made in accordance with shareholder authorization 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 159,667,914 ordinary shares in issue, excluding 7,006,782 held in treasury.

InterContinental Hotels Group PLC (IHG) ha annunciato un'operazione di riacquisto di azioni il 3 settembre 2024. L'azienda ha acquistato 20.000 azioni ordinarie tramite Goldman Sachs International sulla Borsa di Londra. Le azioni sono state acquistate a prezzi compresi tra £75.76 e £77.42, con un prezzo medio di £76.2660 per azione.

Questo acquisto è stato effettuato in conformità con l'autorizzazione degli azionisti concessa in occasione dell'Assemblea Generale Annuale del 3 maggio 2024 e segue le istruzioni emesse da IHG il 20 febbraio 2024. L'azienda prevede di cancellare le azioni acquistate. Dopo questa transazione, IHG ha 159.667.914 azioni ordinarie in circolazione, escluse le 7.006.782 detenute in tesoreria.

InterContinental Hotels Group PLC (IHG) ha anunciado una operación de recompra de acciones el 3 de septiembre de 2024. La empresa adquirió 20.000 acciones ordinarias a través de Goldman Sachs International en la Bolsa de Valores de Londres. Las acciones se compraron a precios que varían entre £75.76 y £77.42, con un precio promedio de £76.2660 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 empresa tiene la intención de cancelar las acciones compradas. Después de esta transacción, IHG presenta 159.667.914 acciones ordinarias en circulación, excluyendo las 7.006.782 que tiene en tesorería.

InterContinental Hotels Group PLC (IHG)는 2024년 9월 3일 주식 재매입 거래를 발표했습니다. 회사는 런던 증권거래소에서 Goldman Sachs International을 통해 20,000주 보통주를 매입했습니다. 주식은 £75.76에서 £77.42 사이의 가격으로 구매되었으며, 주당 평균 가격은 £76.2660입니다.

이번 매입은 2024년 5월 3일 연례 총회에서 허가된 주주 승인을 바탕으로 이루어졌으며, 2024년 2월 20일 IHG가 발행한 지침에 따라 진행되었습니다. 회사는 구입한 주식을 취소할 계획입니다. 이번 거래 후, IHG는 7,006,782주를 제외하고 159,667,914주의 보통주를 보유하고 있습니다.

L'InterContinental Hotels Group PLC (IHG) a annoncé une opération de rachat d'actions le 3 septembre 2024. La société a acheté 20 000 actions ordinaires via Goldman Sachs International sur la Bourse de Londres. Les actions ont été achetées à des prix allant de £75.76 à £77.42, avec un prix moyen de £76.2660 par action.

Cette opération a été réalisée conformément à l'autorisation donnée par les actionnaires lors de l'Assemblée Générale Annuelle du 3 mai 2024, et fait suite à des instructions émises par IHG le 20 février 2024. La société a l'intention de annuler les actions achetées. Après cette transaction, IHG a 159 667 914 actions ordinaires en circulation, hors 7 006 782 détenues en trésorerie.

Die InterContinental Hotels Group PLC (IHG) hat am 3. September 2024 eine Aktienrückkauftransaktion angekündigt. Das Unternehmen erwarb 20.000 Stammaktien über Goldman Sachs International an der Londoner Börse. Die Aktien wurden zu Preisen zwischen £75.76 und £77.42 gekauft, mit einem durchschnittlichen Preis von £76.2660 pro Aktie.

Dieser Kauf wurde gemäß der von den Aktionären bei der Hauptversammlung am 3. Mai 2024 erteilten Genehmigung vorgenommen und folgt den am 20. Februar 2024 veröffentlichten Anweisungen von IHG. Das Unternehmen beabsichtigt, die erworbenen Aktien zu löschen. Nach dieser Transaktion hat IHG 159.667.914 Stammaktien im Umlauf, abzüglich der 7.006.782, die sich im Eigenbesitz befinden.

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LONDON, UNITED KINGDOM / ACCESSWIRE / September 4, 2024 / The Company announces that on 03 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:

03 September 2024

Aggregate number of ordinary shares purchased:

20,000

Lowest price paid per share:

£ 75.7600

Highest price paid per share:

£ 77.4200

Average price paid per share:

£ 76.2660

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 159,667,914 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/7835C_1-2024-9-3.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: 20,000 (ISIN: GB00BHJYC057)

Date of purchases: 03 September 2024

Investment firm: GSI

Aggregated information:

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

20,000

Highest price paid (per ordinary share)

£ 77.4200

Lowest price paid (per ordinary share)

£ 75.7600

Volume weighted average price paid(per ordinary share)

£ 76.2660

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 3, 2024?

IHG bought back 20,000 ordinary shares on September 3, 2024.

What was the price range for IHG's share buyback on September 3, 2024?

The price range for IHG's share buyback was between £75.76 and £77.42 per share.

What is IHG planning to do with the shares purchased on September 3, 2024?

IHG intends to cancel the 20,000 shares purchased on September 3, 2024.

How many ordinary shares does IHG have in issue after the September 3, 2024 buyback?

After the buyback, IHG has 159,667,914 ordinary shares in issue, excluding those held in treasury.

When did IHG shareholders authorize this share buyback program?

IHG shareholders authorized the share buyback program at the Annual General Meeting on May 3, 2024.

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