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InterContinental Hotels Group PLC Announces Transaction in Own Shares - Jun 26

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On June 26, 2024, InterContinental Hotels Group PLC (IHG) announced the purchase of 18,399 of its ordinary shares at prices ranging from £82.68 to £83.86, with an average of £83.30 per share. The transaction, conducted on June 25, 2024, through Goldman Sachs International, followed instructions issued on February 20, 2024, and was authorized by shareholders during the Annual General Meeting on May 3, 2024. IHG intends to cancel the repurchased shares, reducing its number of shares in issue to 161,628,752, excluding 7,006,782 shares held in treasury. Detailed transaction data, including individual purchase times, prices, and trading venues, was disclosed in the announcement.

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LONDON, UNITED KINGDOM / ACCESSWIRE / June 26, 2024 / InterContinental Hotels Group PLC (the Company) The Company announces that on 25 June 2024 it purchased the following number of its ordinary shares of 20340/399 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 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:25 June 2024

Aggregate number of ordinary shares purchased:
18,399

Lowest price paid per share:
£ 82.6800

Highest price paid per share:
£ 83.8600

Average price paid per share:
£ 83.3011

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 161,628,752 ordinary shares in issue (excluding 7,006,782 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: 18,399 (ISIN: GB00BHJYC057)

Date of purchases: 25 June 2024

Investment firm: GSI

Aggregated information:

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

18,399

Highest price paid (per ordinary share)

£ 83.8600

Lowest price paid (per ordinary share)

£ 82.6800

Volume weighted average price paid(per ordinary share)

£ 83.3011

Detailed information:

Transaction Date

Time

Time Zone

Volume

Price (GBP)

Trading Venue

Transaction ID

25/06/2024

09:56:22

BST

84

83.0600

XLON

1019316677906945

25/06/2024

09:57:44

BST

84

83.0800

XLON

1019316677906985

25/06/2024

10:00:25

BST

60

83.0800

XLON

1019316677907106

25/06/2024

10:01:11

BST

2

83.1400

XLON

1019316677907160

25/06/2024

10:01:11

BST

30

83.2000

XLON

1019316677907165

25/06/2024

10:01:11

BST

31

83.2000

XLON

1019316677907166

25/06/2024

10:01:12

BST

22

83.2000

XLON

1019316677907183

25/06/2024

10:01:12

BST

28

83.2000

XLON

1019316677907184

25/06/2024

10:01:40

BST

16

83.2200

XLON

1019316677907223

25/06/2024

10:01:40

BST

53

83.2200

XLON

1019316677907226

25/06/2024

10:01:47

BST

1

83.2200

XLON

1019316677907230

25/06/2024

10:01:57

BST

42

83.2000

XLON

1019316677907232

25/06/2024

10:01:57

BST

14

83.2000

XLON

1019316677907233

25/06/2024

10:02:01

BST

46

83.1800

XLON

1019316677907238

25/06/2024

10:02:31

BST

39

83.1600

XLON

1019316677907278

25/06/2024

10:06:22

BST

55

83.2000

XLON

1019316677907471

25/06/2024

10:07:30

BST

55

83.1800

XLON

1019316677907565

25/06/2024

10:08:07

BST

38

83.1400

XLON

1019316677907587

25/06/2024

10:14:16

BST

28

83.1400

XLON

1019316677907938

25/06/2024

10:14:16

BST

28

83.1400

XLON

1019316677907939

25/06/2024

10:14:18

BST

56

83.1200

XLON

1019316677907942

25/06/2024

10:14:18

BST

24

83.1000

XLON

1019316677907947

25/06/2024

10:14:24

BST

52

83.1800

XLON

1019316677907981

25/06/2024

10:16:00

BST

75

83.0800

XLON

1019316677908054

25/06/2024

10:19:25

BST

61

83.1600

XLON

1019316677908239

25/06/2024

10:19:25

BST

13

83.1600

XLON

1019316677908240

25/06/2024

10:23:17

BST

73

83.1400

XLON

1019316677908467

25/06/2024

10:23:57

BST

36

83.1200

XLON

1019316677908526

25/06/2024

10:24:46

BST

36

83.2200

XLON

1019316677908558

25/06/2024

10:28:28

BST

73

83.1200

XLON

1019316677908707

25/06/2024

10:29:35

BST

38

83.0800

XLON

1019316677908764

25/06/2024

10:32:53

BST

55

83.0600

XLON

1019316677909068

25/06/2024

10:32:53

BST

55

83.0400

XLON

1019316677909070

25/06/2024

10:37:44

BST

1

83.0000

XLON

1019316677909287

25/06/2024

10:37:44

BST

70

83.0000

XLON

1019316677909288

25/06/2024

10:39:44

BST

35

83.0400

XLON

1019316677909402

25/06/2024

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FAQ

What significant stock transaction did IHG announce on June 26, 2024?

IHG announced the purchase of 18,399 of its ordinary shares at an average price of £83.30 per share.

When did IHG's recent stock buyback take place?

The stock buyback occurred on June 25, 2024.

What was the highest and lowest price paid by IHG in the June 25, 2024, share buyback?

The highest price paid was £83.86, and the lowest was £82.68.

Why did IHG repurchase its shares on June 25, 2024?

The repurchase was part of instructions issued on February 20, 2024, and authorized by shareholders at the AGM on May 3, 2024.

What will IHG do with the repurchased shares from June 25, 2024?

IHG intends to cancel the repurchased shares.

How many shares does IHG have in issue after the recent purchase?

IHG has 161,628,752 ordinary shares in issue, excluding 7,006,782 held in treasury.

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