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

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InterContinental Hotels Group PLC (IHG) has announced a significant share buyback transaction on July 26, 2024. The company purchased 26,971 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £79.0600 to £80.2200, with an average price of £79.8374 per share.

This purchase was made in accordance with the authority granted by shareholders at the Company's 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. Following this transaction, IHG has 160,929,628 ordinary shares in issue, excluding 7,006,782 held in treasury.

InterContinental Hotels Group PLC (IHG) ha annunciato un'importante operazione di riacquisto di azioni il 26 luglio 2024. L'azienda ha acquistato 26.971 azioni ordinarie tramite Goldman Sachs International sulla Borsa di Londra. Le azioni sono state acquistate a prezzi che variano da £79,0600 a £80,2200, con un prezzo medio di £79,8374 per azione.

Questo acquisto è stato effettuato in conformità con l'autorità concessa dagli azionisti durante l'Assemblea Generale Annuale dell'azienda 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 un totale di 160.929.628 azioni ordinarie in circolazione, escluse 7.006.782 detenute in tesoreria.

InterContinental Hotels Group PLC (IHG) ha anunciado una significativa operación de recompra de acciones el 26 de julio de 2024. La empresa adquirió 26,971 acciones ordinarias a través de Goldman Sachs International en la Bolsa de Londres. Las acciones se compraron a precios que varían desde £79.0600 hasta £80.2200, con un precio promedio de £79.8374 por acción.

Esta compra se realizó de conformidad con la autoridad otorgada por los accionistas en la Junta General Anual de la Compañía el 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 adquiridas. Tras esta transacción, IHG tiene 160,929,628 acciones ordinarias en circulación, excluyendo 7,006,782 que se mantienen en tesorería.

인터컨티넨탈 호텔스 그룹 PLC (IHG)는 2024년 7월 26일에 상당한 규모의 자사주 매입 거래를 발표했습니다. 회사는 런던 증권 거래소를 통해 골드만 삭스 인터내셔널을 통해 26,971 주식을 매입했습니다. 주식은 £79.0600에서 £80.2200의 범위에서 구매되었으며, 평균 가격은 £79.8374입니다.

이번 매입은 2024년 5월 3일 회사의 총회에서 주주들에게 부여된 권한에 따라 이루어졌으며, 2024년 2월 20일 IHG가 발행한 지침을 따릅니다. 회사는 구매한 주식을 취소할 예정입니다. 이번 거래 후, IHG는 160,929,628 주식을 발행하고 있으며, 7,006,782 주식은 자사주로 보유하고 있습니다.

InterContinental Hotels Group PLC (IHG) a annoncé une importante opération de rachat d'actions le 26 juillet 2024. La société a acheté 26 971 actions ordinaires par l'intermédiaire de Goldman Sachs International sur la Bourse de Londres. Les actions ont été achetées à des prix variant de 79,0600 £ à 80,2200 £, avec un prix moyen de 79,8374 £ par action.

Cet achat a été effectué conformément à l'autorité accordée par les actionnaires lors de l'Assemblée Générale Annuelle de la Société du 3 mai 2024, et fait suite aux instructions émises par IHG le 20 février 2024. La société entend annuler les actions achetées. Suite à cette transaction, IHG a 160 929 628 actions ordinaires en circulation, hors les 7 006 782 détenues en trésorerie.

InterContinental Hotels Group PLC (IHG) hat am 26. Juli 2024 eine bedeutende Aktienrückkauftransaktion bekannt gegeben. Das Unternehmen erwarb 26.971 Stammaktien über Goldman Sachs International an der Londoner Börse. Die Aktien wurden zu Preisen zwischen £79,0600 und £80,2200 gekauft, wobei der Durchschnittspreis bei £79,8374 pro Aktie liegt.

Dieser Kauf wurde gemäß der Befugnis durchgeführt, die den Aktionären auf der Jahreshauptversammlung des Unternehmens am 3. Mai 2024 erteilt wurde, und folgt den Anweisungen, die von IHG am 20. Februar 2024 herausgegeben wurden. Das Unternehmen beabsichtigt, die gekauften Aktien zu annullieren. Nach dieser Transaktion hat IHG 160.929.628 Stammaktien im Umlauf, abzüglich der 7.006.782, die sich im Treasury befinden.

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InterContinental Hotels Group PLC (the Company) Purchase of own shares

LONDON, UNITED KINGDOM / ACCESSWIRE / July 29, 2024 / The Company announces that on 26 July 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:

26 July 2024

Aggregate number of ordinary shares purchased:

26,971

Lowest price paid per share:

£ 79.0600

Highest price paid per share:

£ 80.2200

Average price paid per share:

£ 79.8374

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 160,929,628 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/1003Y_1-2024-7-26.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: 26,971 (ISIN: GB00BHJYC057)

Date of purchases: 26 July 2024

Investment firm: GSI

Aggregated information:


London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

26,971

Highest price paid (per ordinary share)

£ 80.2200

Lowest price paid (per ordinary share)

£ 79.0600

Volume weighted average price paid(per ordinary share)

£ 79.8374

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 July 26, 2024?

InterContinental Hotels Group PLC (IHG) purchased 26,971 ordinary shares on July 26, 2024.

What was the price range for IHG's share buyback on July 26, 2024?

The shares were purchased at prices ranging from £79.0600 to £80.2200, with an average price of £79.8374 per share.

What does IHG plan to do with the shares purchased on July 26, 2024?

InterContinental Hotels Group PLC intends to cancel the 26,971 shares purchased on July 26, 2024.

How many ordinary shares does IHG have in issue after the July 26, 2024 buyback?

Following the transaction, IHG has 160,929,628 ordinary shares in issue, excluding 7,006,782 held in treasury.

When was the authority for IHG's share buyback granted by shareholders?

The authority for the share buyback was granted by shareholders at IHG's Annual General Meeting on May 3, 2024.

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