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INTERCONTL HOTLS ORD NEW - ICHGF STOCK NEWS

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InterContinental Hotels Group (ICHGF) is a global leader in the hospitality industry, operating in nearly 100 countries with 4,900 hotels and 727,000 rooms. Their portfolio includes renowned brands like Intercontinental Hotels & Resorts, Holiday Inn, Crowne Plaza, and more. With a mission to create great hotels guests love, they are constantly expanding and offering diverse opportunities for employees.

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InterContinental Hotels Group PLC announced the purchase of 11,976 ordinary shares at an average price of £56.3491 on January 30, 2023, through Goldman Sachs International. This transaction was authorized by shareholders at the AGM on May 6, 2022. The shares will be canceled post-purchase, reducing the total number of ordinary shares in circulation to 175,399,858, excluding treasury shares. The highest price paid was £56.5800, and the lowest was £56.0400. This share buyback reflects the company's commitment to returning capital to shareholders.

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InterContinental Hotels Group PLC announced the purchase of 9,500 ordinary shares on January 25, 2023, through Goldman Sachs International on the London Stock Exchange. The purchase, conducted under the authority granted by shareholders at the AGM on May 6, 2022, had an average price of £56.5963, with a low of £56.3000 and a high of £57.0600. Following this transaction, the total number of ordinary shares in issue stands at 175,430,771, excluding 7,506,782 held in treasury. The purchased shares are intended for cancellation.

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On January 23, 2023, InterContinental Hotels Group acquired 8,984 of its ordinary shares at an average price of £56.3650 through Goldman Sachs International, as authorized by shareholders at the Annual General Meeting on May 6, 2022. The share purchase followed prior instructions issued on August 9, 2022. The lowest price paid per share was £56.1400, while the highest reached £56.6000. Subsequently, the company plans to cancel these purchased shares, leaving a total of 175,449,181 ordinary shares in circulation.

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On January 19, 2023, InterContinental Hotels Group announced the purchase of 7,469 ordinary shares at an average price of £55.9502 each on January 18, 2023, as authorized by shareholders during the Annual General Meeting on May 6, 2022. The shares were acquired through Goldman Sachs International on the London Stock Exchange. Following this purchase, the total number of ordinary shares outstanding is 175,465,665, excluding 7,506,782 shares held in treasury. The company plans to cancel the shares purchased in this transaction.

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On January 16, 2023, InterContinental Hotels Group purchased 5,900 ordinary shares at an average price of £54.13 each through Goldman Sachs International. This buyback aligns with shareholder approval from the Annual General Meeting held on May 6, 2022. The lowest price paid per share was £54.00 while the highest reached £54.20. The company plans to cancel these shares following the transaction. Post-purchase, there are 175,480,634 ordinary shares outstanding, excluding 7,506,782 in treasury.

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FAQ

What is the current stock price of INTERCONTL HOTLS ORD NEW (ICHGF)?

The current stock price of INTERCONTL HOTLS ORD NEW (ICHGF) is $107 as of October 3, 2024.

What is the market cap of INTERCONTL HOTLS ORD NEW (ICHGF)?

The market cap of INTERCONTL HOTLS ORD NEW (ICHGF) is approximately 17.6B.

How many countries does InterContinental Hotels Group operate in?

InterContinental Hotels Group operates in nearly 100 countries worldwide.

How many hotels does InterContinental Hotels Group have?

InterContinental Hotels Group has over 4,900 hotels under its portfolio.

What are some of the hotel brands owned by InterContinental Hotels Group?

Intercontinental® Hotels & Resorts, Holiday Inn®, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, Staybridge Suites®, Candlewood Suites®, Even Hotels®, and HUALUXE® Hotels and Resorts are some of the brands owned by InterContinental Hotels Group.

What is the mission of InterContinental Hotels Group?

The mission of InterContinental Hotels Group is to create great hotels that guests love.

How many rooms does InterContinental Hotels Group have?

InterContinental Hotels Group has 727,000 rooms in their hotels.

What makes InterContinental Hotels Group an exciting place to work?

Working at InterContinental Hotels Group offers a world of variety, opportunities, and global exposure.

How is InterContinental Hotels Group expanding?

InterContinental Hotels Group is constantly expanding its portfolio with more rooms and hotels in various locations.

What is the company's latest achievement?

The company recently purchased a number of its ordinary shares through Goldman Sachs International on the London Stock Exchange.

How can one become part of the InterContinental Hotels Group team?

Interested individuals can join the company and benefit from its global presence and appreciation for its employees.

How can shareholders get more information about InterContinental Hotels Group?

Shareholders can reach out to the company's Investor Relations team for more information.

What is the cancellation plan for the purchased shares?

The company intends to cancel the purchased shares after the transaction.

INTERCONTL HOTLS ORD NEW

NYSE:ICHGF

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ICHGF Stock Data

17.63B
152.86M
6%
71.34%
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Consumer Cyclical
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