InterContinental Hotels Group PLC Announces Transaction in Own Shares - Aug 6
InterContinental Hotels Group PLC (IHG) has announced a significant share buyback transaction on August 5, 2024. The company purchased 160,000 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £72.52 to £74.10, with an average price of £73.3565 per share.
This purchase is part of a share buyback program authorized by shareholders at the Annual General Meeting on May 3, 2024. IHG intends to cancel the purchased shares, which will reduce the total number of ordinary shares in issue to 160,475,541 (excluding 7,006,782 held in treasury). The transaction was executed across multiple trading venues, including the London Stock Exchange, Cboe BXE, Cboe CXE, and Turquoise.
InterContinental Hotels Group PLC (IHG) ha annunciato una significativa operazione di riacquisto di azioni il 5 agosto 2024. L'azienda ha acquistato 160.000 azioni ordinarie tramite Goldman Sachs International sulla Borsa di Londra. Le azioni sono state acquistate a prezzi che variano da £72,52 a £74,10, con un prezzo medio di £73,3565 per azione.
Questo acquisto fa parte di un programma di riacquisto di azioni autorizzato dagli azionisti nell'Assemblea Generale Annuale del 3 maggio 2024. IHG intende annullare le azioni acquistate, riducendo così il numero totale di azioni ordinarie emesse a 160.475.541 (escludendo 7.006.782 detenute in tesoreria). La transazione è stata eseguita attraverso più piattaforme di trading, inclusa la Borsa di Londra, Cboe BXE, Cboe CXE e Turquoise.
InterContinental Hotels Group PLC (IHG) ha anunciado una importante transacción de recompra de acciones el 5 de agosto de 2024. La compañía compró 160.000 acciones ordinarias a través de Goldman Sachs International en la Bolsa de Londres. Las acciones se compraron a precios que oscilan entre £72,52 y £74,10, con un precio promedio de £73,3565 por acción.
Esta compra es parte de un programa de recompra de acciones autorizado por los accionistas en la Junta General Anual del 3 de mayo de 2024. IHG tiene la intención de cancelar las acciones compradas, lo que reducirá el número total de acciones ordinarias emitidas a 160.475.541 (excluyendo 7.006.782 en tesorería). La transacción se llevó a cabo en múltiples plataformas de negociación, incluidas la Bolsa de Londres, Cboe BXE, Cboe CXE y Turquoise.
인터컨티넨탈 호텔 그룹 PLC(IHG)는 2024년 8월 5일에 중요한 자사주 매입 거래를 발표했습니다. 회사는 런던 증권거래소에서 골드만삭스 인터내셔널을 통해 160,000주 보통주를 구매했습니다. 주가는 £72.52에서 £74.10 사이로 구매되었으며, 주당 평균 가격은 £73.3565입니다.
이번 구매는 2024년 5월 3일 정기 주주총회에서 주주들이 승인한 자사주 매입 프로그램의 일환입니다. IHG는 구매한 주식을 취소할 계획이며, 이는 보통주 발행 총수를 160,475,541로 줄이게 됩니다(회사에서 보유 중인 7,006,782주는 제외됩니다). 이 거래는 런던 증권거래소, Cboe BXE, Cboe CXE 및 Turquoise를 포함한 여러 거래소에서 수행되었습니다.
Le groupe InterContinental Hotels PLC (IHG) a annoncé une opération de rachat d'actions significative le 5 août 2024. La société a acheté 160 000 actions ordinaires via Goldman Sachs International sur la Bourse de Londres. Les actions ont été achetées à des prix variant entre £72,52 et £74,10, avec un prix moyen de £73,3565 par action.
Cet achat fait partie d'un programme de rachat d'actions autorisé par les actionnaires lors de l'Assemblée Générale Annuelle le 3 mai 2024. IHG prévoit de annuler les actions achetées, ce qui réduira le nombre total d'actions ordinaires en circulation à 160 475 541 (hors 7 006 782 détenues en trésorerie). La transaction a été réalisée sur plusieurs lieux de négociation, y compris la Bourse de Londres, Cboe BXE, Cboe CXE et Turquoise.
Die InterContinental Hotels Group PLC (IHG) hat am 5. August 2024 eine bedeutende Aktienrückkauftransaktion angekündigt. Das Unternehmen kaufte 160.000 Stammaktien über Goldman Sachs International an der Londoner Börse. Die Aktien wurden zu Preisen zwischen £72,52 und £74,10 erworben, mit einem Durchschnittspreis von £73,3565 pro Aktie.
Dieser Kauf ist Teil eines Rückkaufprogramms, das von den Aktionären auf der Jahreshauptversammlung am 3. Mai 2024 genehmigt wurde. IHG beabsichtigt, die gekauften Aktien zu annullieren, wodurch die Gesamtzahl der im Umlauf befindlichen Stammaktien auf 160.475.541 (ohne 7.006.782, die im Eigenbesitz sind) reduziert wird. Die Transaktion wurde an mehreren Handelsplätzen durchgeführt, darunter die Londoner Börse, Cboe BXE, Cboe CXE und Turquoise.
- IHG is implementing a share buyback program, potentially indicating confidence in the company's financial position
- The company plans to cancel the purchased shares, which could increase the value of remaining shares
- The share buyback reduces the company's cash reserves, which could impact its financial flexibility
LONDON, UK / ACCESSWIRE / August 6, 2024 / InterContinental Hotels Group PLC (the Company) The Company announces that on 05 August 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: | 05 August 2024 |
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The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 160,475,541 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/2624Z_1-2024-8-5.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: 160,000 (ISIN: GB00BHJYC057)
Date of purchases: 05 August 2024
Investment firm: GSI
Aggregated information:
| London Stock Exchange | Cboe BXE | Cboe CXE | Turquoise |
Number of ordinary shares purchased | 69,500 | 51,000 | 28,500 | 11,000 |
Highest price paid (per ordinary share) | £ 74.0800 | £ 74.1000 | £ 74.0800 | £ 74.0400 |
Lowest price paid (per ordinary share) | £ 72.5200 | £ 72.5200 | £ 72.5400 | £ 72.5400 |
Volume weighted average price paid(per ordinary share) | £ 73.3891 | £ 73.2939 | £ 73.3846 | £ 73.3673 |
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
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