InterContinental Hotels Group PLC Announces Transaction in Own Shares - Nov 2

Rhea-AI Summary

InterContinental Hotels Group PLC announces the purchase of its own shares on November 1, 2023. The company purchased 143,378 ordinary shares at prices ranging from £58.3800 to £59.7600 per share, with an average price of £59.2475. The purchased shares will be canceled. The company now has 164,975,545 ordinary shares in issue.

Purchase of own shares

LONDON, UK / ACCESSWIRE / November 2, 2023 / The Company announces that on 01 November 2023 it purchased the following number of its ordinary shares of 20^340/399 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 5 May 2023 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 21 February 2023, as announced on 21 February 2023.

Date of purchase:	01 November 2023
Aggregate number of ordinary shares purchased:	143,378
Lowest price paid per share:	£ 58.3800
Highest price paid per share:	£ 59.7600
Average price paid per share:	£ 59.2475

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 164,975,545 ordinary shares in issue (excluding 7,506,782 held in treasury).

A full breakdown of the individual purchases by GSI is included below.

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: 143,378 (ISIN: GB00BHJYC057)

Date of purchases: 01 November 2023

Investment firm: GSI

Click on, or paste the following link into your web browser, to view the full announcement.

http://www.rns-pdf.londonstockexchange.com/rns/1133S_1-2023-11-1.pdf

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 source version on accesswire.com:
https://www.accesswire.com/798718/intercontinental-hotels-group-plc-announces-transaction-in-own-shares--nov-2

FAQ

What did InterContinental Hotels Group PLC announce?

InterContinental Hotels Group PLC announced the purchase of its own shares.

When did the company purchase its own shares?

The company purchased its own shares on November 1, 2023.

How many ordinary shares did the company purchase?

The company purchased 143,378 ordinary shares.

What was the lowest price paid per share?

The lowest price paid per share was £58.3800.

What was the highest price paid per share?

The highest price paid per share was £59.7600.

What was the average price paid per share?

The average price paid per share was £59.2475.

What will the company do with the purchased shares?

The company intends to cancel the purchased shares.

How many ordinary shares does the company have in issue now?

The company has 164,975,545 ordinary shares in issue.