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InterContinental Hotels Group PLC Announces Transaction in Own Shares - October 31

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InterContinental Hotels Group (IHG) has announced a share buyback transaction conducted on October 30, 2024, through Goldman Sachs International on the London Stock Exchange. The company purchased 18,759 ordinary shares at prices ranging from £85.02 to £85.82 per share, with an average price of £85.4538.

The 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 now has 158,913,295 ordinary shares in issue, excluding 6,956,782 shares held in treasury.

InterContinental Hotels Group (IHG) ha annunciato una transazione di riacquisto di azioni effettuata il 30 ottobre 2024, tramite Goldman Sachs International alla Borsa di Londra. L'azienda ha acquistato 18.759 azioni ordinarie a prezzi compresi tra 85,02 £ e 85,82 £ per azione, con un prezzo medio di 85,4538 £.

L'acquisto è stato eseguito sotto l'autorità degli azionisti concessa nell'Assemblea Generale Annuale del 3 maggio 2024, seguendo le istruzioni rilasciate il 20 febbraio 2024. IHG intende annullare queste azioni acquistate. Dopo questa transazione, la società ha ora 158.913.295 azioni ordinarie in circolazione, escluse 6.956.782 azioni detenute in tesoreria.

InterContinental Hotels Group (IHG) ha anunciado una transacción de recompra de acciones realizada el 30 de octubre de 2024, a través de Goldman Sachs International en la Bolsa de Londres. La compañía compró 18,759 acciones ordinarias a precios que oscilaron entre 85,02 £ y 85,82 £ por acción, con un precio promedio de 85,4538 £.

La compra se ejecutó bajo la autoridad otorgada a los accionistas en la Junta General Anual del 3 de mayo de 2024, siguiendo instrucciones emitidas el 20 de febrero de 2024. IHG tiene la intención de cancelar estas acciones compradas. Tras esta transacción, la empresa tiene ahora 158,913,295 acciones ordinarias en circulación, excluyendo 6,956,782 acciones mantenidas en tesorería.

인터컨티넨탈 호텔 그룹(IGH)은 2024년 10월 30일에 런던 증권거래소에서 골드만삭스를 통해 진행된 주식 환매 거래를 발표했습니다. 이 회사는 18,759주의 보통주를 주당 85.02 £에서 85.82 £ 사이의 가격으로 구매하였으며, 평균 가격은 85.4538 £입니다.

구매는 2024년 5월 3일 연례 총회에서 주주에게 부여된 권한에 따라 2024년 2월 20일에 발행된 지침에 따라 실행되었습니다. IHG는 구매한 주식을 취소할 계획입니다. 이 거래 이후, 회사는 현재 158,913,295주의 보통주가 발행되어 있으며, 국고에 보유된 6,956,782주는 제외됩니다.

InterContinental Hotels Group (IHG) a annoncé une opération de rachat d'actions effectuée le 30 octobre 2024, par l'intermédiaire de Goldman Sachs International sur la Bourse de Londres. L'entreprise a acheté 18 759 actions ordinaires à des prix variant de 85,02 £ à 85,82 £ par action, avec un prix moyen de 85,4538 £.

Ce rachat a été effectué sous l'autorité accordée aux actionnaires lors de l'Assemblée Générale Annuelle du 3 mai 2024, suivant les instructions émises le 20 février 2024. IHG prévoit d'annuler ces actions acquises. À la suite de cette opération, la société possède désormais 158 913 295 actions ordinaires en circulation, excluant 6 956 782 actions détenues en trésorerie.

Die InterContinental Hotels Group (IHG) hat eine Aktienrückkauftransaktion bekannt gegeben, die am 30. Oktober 2024 über Goldman Sachs International an der Londoner Börse durchgeführt wurde. Das Unternehmen kaufte 18.759 Stammaktien zu Preisen, die zwischen 85,02 £ und 85,82 £ pro Aktie lagen, mit einem Durchschnittspreis von 85,4538 £.

Der Kauf erfolgte im Rahmen der den Aktionären erteilten Vollmacht auf der Hauptversammlung am 3. Mai 2024, gemäß den am 20. Februar 2024 erteilten Anweisungen. IHG beabsichtigt, diese erworbenen Aktien zu annullieren. Nach dieser Transaktion hat das Unternehmen nun 158.913.295 Stammaktien im Umlauf, ohne die 6.956.782 Aktien, die im Eigenbestand gehalten werden.

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Purchase of own shares

LONDON, UK / ACCESSWIRE / October 31, 2024 / The Company announces that on 30 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:

30 October 2024

Aggregate number of ordinary shares purchased:

18,759

Lowest price paid per share:

£ 85.0200

Highest price paid per share:

£ 85.8200

Average price paid per share:

£ 85.4538

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 158,913,295 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/3148K_1-2024-10-30.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: 18,759 (ISIN: GB00BHJYC057)

Date of purchases: 30 October 2024

Investment firm: GSI

Aggregated information:

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

18,759

Highest price paid (per ordinary share)

£ 85.8200

Lowest price paid (per ordinary share)

£ 85.0200

Volume weighted average price paid(per ordinary share)

£ 85.4538

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 30, 2024?

IHG purchased 18,759 ordinary shares on October 30, 2024.

What was the average price paid per share in IHG's October 30 buyback?

The volume weighted average price paid per share was £85.4538.

How many shares does IHG have in issue after the October 30 transaction?

After the transaction, IHG has 158,913,295 ordinary shares in issue, excluding 6,956,782 shares held in treasury.

What is IHG planning to do with the shares purchased on October 30, 2024?

IHG intends to cancel the purchased shares.

What was the price range for IHG's share purchase on October 30, 2024?

The shares were purchased at prices ranging from £85.02 (lowest) to £85.82 (highest) per share.

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