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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 (IHG) announced the repurchase of 20,000 ordinary shares on June 21, 2024. The shares were acquired at prices ranging from £82.10 to £82.94, with an average price of £82.57 per share. This transaction was conducted through Goldman Sachs International on the London Stock Exchange, following authorization from shareholders at the Annual General Meeting on May 3, 2024. IHG plans to cancel these shares, reducing the number of shares in issue to 161,667,045 (excluding 7,006,782 held in treasury). This buyback is part of a strategy to return value to shareholders.

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On June 21, 2024, InterContinental Hotels Group (IHG) announced the repurchase of 16,471 of its ordinary shares on June 20, 2024, through Goldman Sachs International. The shares were bought at an average price of £82.7845 per share, with prices ranging from £82.22 to £83.06. The repurchase was authorized during the Annual General Meeting held on May 3, 2024, and was part of a buyback program initiated on February 20, 2024. Following this transaction, IHG now has 161,687,045 ordinary shares outstanding, excluding 7,006,782 shares held in treasury. The company plans to cancel the repurchased shares. For more details, investors can contact Stuart Ford or Aleksandar Milenkovic from Investor Relations, and Mike Ward from Media Relations.

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On June 17, 2024, InterContinental Hotels Group (IHG) purchased 1,000 of its ordinary shares at an average price of £81.7160 per share, with the lowest price being £81.1800 and the highest £82.7200. The transaction, executed through Goldman Sachs International on the London Stock Exchange, was authorized at the May 3, 2024 AGM. Following this buyback, IHG's total issued shares stand at 161,741,033, excluding 7,006,782 shares held in treasury. The company intends to cancel the purchased shares, potentially influencing the stock's supply and demand dynamics.

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On June 13, 2024, InterContinental Hotels Group (IHG) announced the repurchase of 27,287 ordinary shares at an average price of £81.1077 per share. The transaction, conducted through Goldman Sachs International, took place on the London Stock Exchange on June 12, 2024, under authority granted by shareholders at the AGM on May 3, 2024. The highest price paid per share was £82.0600, and the lowest was £80.1000. The company plans to cancel the repurchased shares, reducing its total number of ordinary shares to 161,781,550, excluding 7,006,782 held in treasury.

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InterContinental Hotels Group (IHG) announced the repurchase of 32,790 of its ordinary shares on June 10, 2024, through Goldman Sachs International. The shares were bought at prices ranging from £78.94 to £79.62, with an average price of £79.41 per share. This action follows the authority granted by shareholders at the Annual General Meeting on May 3, 2024. After this transaction, the total number of shares in issue is 161,838,683, excluding 7,006,782 shares held in treasury. The company intends to cancel the purchased shares.

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InterContinental Hotels Group (IHG) announced the purchase of 40,000 of its ordinary shares on June 5, 2024, through Goldman Sachs International on the London Stock Exchange. This transaction was authorized by the shareholders at the AGM on May 3, 2024. The shares were bought at a lowest price of £79.84 and a highest price of £80.60, with an average price of £80.2614. Following this transaction, IHG intends to cancel the purchased shares, resulting in 161,970,741 ordinary shares in issue, excluding 7,006,782 shares held in treasury.

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InterContinental Hotels Group (IHG) announced the purchase of 19,789 ordinary shares on June 3, 2024, at a price range of £78.96 to £80.46 per share, averaging £79.54. This action follows the authority granted at the Annual General Meeting on May 3, 2024, and the company's February 20, 2024, instructions. Post-transaction, IHG has 162,054,528 shares outstanding, excluding 7,006,782 treasury shares. The purchased shares will be canceled. The transaction was executed by Goldman Sachs International on the London Stock Exchange.

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InterContinental Hotels Group PLC (IHG) announced the purchase of 39,491 ordinary shares on May 31, 2024, on the London Stock Exchange.

The shares were acquired at prices ranging from £77.5400 to £78.6400, with an average price of £78.3028 per share.

The transaction follows the authority granted by shareholders during the company's Annual General Meeting on May 3, 2024, and instructions issued on February 20, 2024.

Post-transaction, IHG has 162,074,317 ordinary shares in issue, excluding 7,006,782 held in treasury.

The company intends to cancel the purchased shares.

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InterContinental Hotels Group PLC (IHG) announced the purchase of 39,315 of its ordinary shares on May 29, 2024. The transaction, conducted through Goldman Sachs International, follows shareholder authorization from the AGM held on May 3, 2024. The shares were bought on the London Stock Exchange at prices ranging from £76.80 to £78.24, with an average price of £77.27. The total number of shares now stands at 162,153,511, excluding 7,006,782 treasury shares. The company plans to cancel the purchased shares.

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On May 29, 2024, InterContinental Hotels Group (IHG) announced the purchase of 37,503 of its ordinary shares at an average price of £78.4434 per share. The transaction, conducted through Goldman Sachs International (GSI) on May 28, 2024, follows the authority granted at the Annual General Meeting on May 3, 2024. The company intends to cancel the purchased shares, reducing the total number of shares in issue to 162,192,826, excluding 7,006,782 treasury shares.

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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 $117.32 as of November 21, 2024.

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

The market cap of INTERCONTL HOTLS ORD NEW (ICHGF) is approximately 19.0B.

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

ICHGF Rankings

ICHGF Stock Data

19.00B
149.15M
6.02%
69.58%
Lodging
Consumer Cyclical
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United States of America
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