STOCK TITAN

InterContinental Hotels Group PLC Announces Transaction in Own Shares - October 24

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

InterContinental Hotels Group (IHG) has announced the purchase of 40,000 of its ordinary shares through Goldman Sachs International on the London Stock Exchange on October 23, 2024. The shares were bought at prices ranging from £85.18 to £87.62, with an average price of £85.9974 per share. This purchase was made under shareholder authority granted at the Company's Annual General Meeting on May 3, 2024.

The company intends to cancel the purchased shares. Following this transaction, IHG has 159,059,444 ordinary shares in issue, excluding 6,956,782 shares held in treasury. The purchase was split between 30,000 shares on the London Stock Exchange and 10,000 shares on Cboe BXE.

InterContinental Hotels Group (IHG) ha annunciato l'acquisto di 40.000 delle sue azioni ordinarie tramite Goldman Sachs International nella Borsa di Londra il 23 ottobre 2024. Le azioni sono state acquistate a prezzi che vanno da £85,18 a £87,62, con un prezzo medio di £85,9974 per azione. Questo acquisto è stato effettuato sotto l'autorità degli azionisti concessa durante l'Assemblea Generale Annuale della Società il 3 maggio 2024.

L'azienda intende annullare le azioni acquistate. Dopo questa operazione, IHG ha 159.059.444 azioni ordinarie in circolazione, escluse 6.956.782 azioni detenute in tesoreria. L'acquisto è stato suddiviso tra 30.000 azioni sulla Borsa di Londra e 10.000 azioni su Cboe BXE.

InterContinental Hotels Group (IHG) ha anunciado la compra de 40,000 de sus acciones ordinarias a través de Goldman Sachs International en la Bolsa de Londres el 23 de octubre de 2024. Las acciones se adquirieron a precios que varían desde £85.18 hasta £87.62, con un precio promedio de £85.9974 por acción. Esta compra se realizó bajo la autorización de los accionistas concedida en la Junta General Anual de la Compañía el 3 de mayo de 2024.

La empresa tiene la intención de cancelar las acciones adquiridas. Tras esta transacción, IHG tiene 159,059,444 acciones ordinarias en circulación, excluyendo 6,956,782 acciones mantenidas en tesorería. La compra se dividió entre 30,000 acciones en la Bolsa de Londres y 10,000 acciones en Cboe BXE.

인터컨티넨탈 호텔 그룹(IHG)은 2024년 10월 23일 런던증권거래소에서 골드만 삭스 인터내셔널을 통해 40,000주의 보통주를 구매했다고 발표했습니다. 주가는 £85.18에서 £87.62 사이에서 거래되었으며, 주식 한 주당 평균 가격은 £85.9974입니다. 이 구매는 2024년 5월 3일 컴퍼니 연례 총회에서 주주 권한에 따라 이루어졌습니다.

회사는 구매한 주식을 취소할 예정입니다. 이번 거래 후, IHG는 159,059,444주의 보통주를 발행하고 있으며, 6,956,782주의 자산으로 보유하고 있습니다. 구매는 런던증권거래소에서 30,000주와 Cboe BXE에서 10,000주로 나뉘어 이루어졌습니다.

Le groupe InterContinental Hotels (IHG) a annoncé l'achat de 40 000 de ses actions ordinaires auprès de Goldman Sachs International sur la Bourse de Londres le 23 octobre 2024. Les actions ont été achetées à des prix allant de £85.18 à £87.62, avec un prix moyen de £85.9974 par action. Cet achat a été effectué dans le cadre d'une autorisation accordée aux actionnaires lors de l'Assemblée Générale Annuelle de la Société le 3 mai 2024.

L'entreprise a l'intention d'annuler les actions achetées. Suite à cette opération, IHG a 159 059 444 actions ordinaires en circulation, excluant 6 956 782 actions détenues en trésorerie. L'achat a été réparti entre 30 000 actions sur la Bourse de Londres et 10 000 actions sur Cboe BXE.

Die InterContinental Hotels Group (IHG) hat den Kauf von 40.000 ihrer Stammaktien über Goldman Sachs International an der Londoner Börse am 23. Oktober 2024 angekündigt. Die Aktien wurden zu Preisen zwischen £85,18 und £87,62 gekauft, mit einem Durchschnittspreis von £85,9974 pro Aktie. Dieser Kauf wurde unter der von den Aktionären während der Hauptversammlung des Unternehmens am 3. Mai 2024 erteilten Vollmacht getätigt.

Das Unternehmen beabsichtigt, die gekauften Aktien zu annullieren. Nach dieser Transaktion hat IHG 159.059.444 ausgegebene Stammaktien, wobei 6.956.782 Aktien als Schatzaktien gehalten werden. Der Kauf wurde auf 30.000 Aktien an der Londoner Börse und 10.000 Aktien auf Cboe BXE aufgeteilt.

Positive
  • None.
Negative
  • None.

Purchase of own shares

LONDON, UNITED KINGDOM / ACCESSWIRE / October 24, 2024 / The Company announces that on 23 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:

23 October 2024


Aggregate number of ordinary shares purchased:


40,000


Lowest price paid per share:


£ 85.1800


Highest price paid per share:


£ 87.6200


Average price paid per share:


£ 85.9974

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 159,059,444 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/3787J_1-2024-10-23.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: 40,000 (ISIN: GB00BHJYC057)

Date of purchases: 23 October 2024

Investment firm: GSI

Aggregated information:

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

30,000

10,000

Highest price paid (per ordinary share)

£ 87.6200

£ 87.5000

Lowest price paid (per ordinary share)

£ 85.1800

£ 85.1800

Volume weighted average price paid(per ordinary share)

£ 85.9947

£ 86.0055

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 buy back on October 23, 2024?

IHG purchased 40,000 ordinary shares on October 23, 2024.

What was the average price paid per share in IHG's October 23 buyback?

The average price paid per share was £85.9974.

How many shares does IHG have in issue after the October 23 buyback?

After the transaction, IHG has 159,059,444 ordinary shares in issue, excluding 6,956,782 held in treasury.

What does IHG plan to do with the purchased shares?

IHG intends to cancel the purchased shares.

InterContinental Hotels Group Plc

NYSE:IHG

IHG Rankings

IHG Latest News

IHG Stock Data

19.54B
158.73M
0.01%
8.63%
0.18%
Lodging
Consumer Cyclical
Link
United States of America
Windsor