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InterContinental Hotels Group PLC Announces Transaction in Own Shares - Oct 1

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InterContinental Hotels Group PLC (IHG) announced the purchase of 9,905 of its ordinary shares on September 30, 2024, through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £81.2600 to £84.0400, with an average price of £82.4391 per share. This purchase was made in accordance with the authority granted by shareholders at the Company's Annual General Meeting on May 3, 2024.

Following this transaction, IHG has 159,336,100 ordinary shares in issue (excluding 6,956,782 held in treasury). The company intends to cancel the purchased shares. This share buyback is part of IHG's ongoing capital management strategy.

Il gruppo InterContinental Hotels Group PLC (IHG) ha annunciato l'acquisto di 9.905 delle sue azioni ordinarie il 30 settembre 2024, tramite Goldman Sachs International sulla Borsa di Londra. Le azioni sono state acquistate a prezzi compresi tra £81.2600 e £84.0400, con un prezzo medio di £82.4391 per azione. Questo acquisto è stato effettuato in conformità con l'autorità concessa dagli azionisti durante l'Assemblea Generale Annuale della Società il 3 maggio 2024.

Dopo questa transazione, IHG ha 159.336.100 azioni ordinarie emesse (escludendo 6.956.782 detenute in tesoreria). L'azienda intende cancellare le azioni acquistate. Questo riacquisto di azioni fa parte della strategia continuativa di gestione del capitale di IHG.

El grupo InterContinental Hotels Group PLC (IHG) anunció la compra de 9,905 de sus acciones ordinarias el 30 de septiembre de 2024, a través de Goldman Sachs International en la Bolsa de Londres. Las acciones se compraron a precios que oscilan entre £81.2600 y £84.0400, con un precio promedio de £82.4391 por acción. Esta compra se llevó a cabo de acuerdo con la autoridad otorgada por los accionistas en la Junta General Anual de la Compañía el 3 de mayo de 2024.

Tras esta transacción, IHG tiene 159,336,100 acciones ordinarias emitidas (excluyendo 6,956,782 en tesorería). La empresa tiene la intención de cancelar las acciones compradas. Esta recompra de acciones es parte de la estrategia continua de gestión de capital de IHG.

인터컨티넨탈 호텔 그룹 PLC (IHG)는 2024년 9월 30일 런던 증권 거래소에서 골드만삭스를 통해 9,905개의 보통주를 매입했다고 발표했습니다. 주가는 £81.2600에서 £84.0400까지의 범위로, 평균 £82.4391로 구매되었습니다. 이 구매는 2024년 5월 3일 주주총회에서 주주에게 부여된 권한에 따라 이루어졌습니다.

이 거래 이후, IHG는 159,336,100개의 보통주(보유 중인 6,956,782 제외)를 발행하고 있습니다. 회사는 구매한 주식을 취소할 계획입니다. 이 주식 매입은 IHG의 지속적인 자본 관리 전략의 일환입니다.

Le groupe InterContinental Hotels Group PLC (IHG) a annoncé l'achat de 9.905 de ses actions ordinaires le 30 septembre 2024, par l'intermédiaire de Goldman Sachs International sur la Bourse de Londres. Les actions ont été achetées à des prix variant de £81.2600 à £84.0400, avec un prix moyen de £82.4391 par action. Cet achat a été réalisé conformément à l'autorité accordée par les actionnaires lors de l'Assemblée Générale Annuelle de la Société le 3 mai 2024.

À la suite de cette transaction, IHG dispose de 159.336.100 actions ordinaires en circulation (hors 6.956.782 détenues en trésorerie). L'entreprise prévoit d'annuler les actions achetées. Ce rachat d'actions fait partie de la stratégie de gestion de capital continue d'IHG.

Die InterContinental Hotels Group PLC (IHG) hat am 30. September 2024 den Erwerb von 9.905 ihrer Stammaktien über Goldman Sachs International an der Londoner Börse bekannt gegeben. Die Aktien wurden zu Preisen zwischen £81.2600 und £84.0400 gekauft, mit einem Durchschnittspreis von £82.4391 pro Aktie. Dieser Kauf wurde gemäß der von den Aktionären auf der jährlichen Hauptversammlung des Unternehmens am 3. Mai 2024 erteilten Ermächtigung durchgeführt.

Nach dieser Transaktion hat IHG 159.336.100 ausgegebene Stammaktien (ohne 6.956.782, die sich im Eigenbestand befinden). Das Unternehmen beabsichtigt, die erworbenen Aktien einzuziehen. Diese Aktienrückkäufe sind Teil der laufenden Kapitalmanagementstrategie von IHG.

Positive
  • IHG is actively managing its capital through share buybacks
  • The company has a large number of shares in issue (159,336,100) indicating a substantial market capitalization
Negative
  • The share buyback may reduce the company's cash reserves

Insights

InterContinental Hotels Group (IHG) has announced a share buyback program, purchasing 9,905 of its own ordinary shares on September 30, 2024. The average price paid per share was £82.4391, with prices ranging from £81.26 to £84.04.

This buyback is part of a larger program announced on February 20, 2024 and is being executed through Goldman Sachs International. The company intends to cancel these repurchased shares, which will reduce the total number of outstanding shares to 159,336,100 (excluding treasury shares).

Share buybacks can be seen as a positive signal, as they typically indicate that a company believes its stock is undervalued and has confidence in its future prospects. For IHG, this move could potentially increase earnings per share and return value to shareholders. However, investors should also consider the opportunity cost of using cash for buybacks instead of other investments or debt reduction.

The relatively small size of this particular buyback (0.006% of outstanding shares) suggests it's part of an ongoing program rather than a significant one-time event. The stock's trading range on the day of the buyback may provide some insight into current market sentiment towards IHG.

The share repurchase by IHG is part of a broader trend in the hospitality industry, where companies are using excess cash to boost shareholder value. This move comes as the travel sector continues to recover from the impacts of the COVID-19 pandemic.

The timing and execution of the buyback provide some insights:

  • The purchase was made across various price points throughout the trading day, suggesting a volume-weighted average price (VWAP) strategy to minimize market impact.
  • The highest volume of shares was bought in the morning, with activity tapering off in the afternoon, possibly indicating a desire to capitalize on early trading liquidity.
  • The price range (£81.26 to £84.04) shows some volatility, which could reflect broader market conditions or company-specific news affecting the stock on that day.

While this buyback is relatively small, it's important to monitor the cumulative effect of IHG's ongoing repurchase program. If sustained, it could signal management's confidence in the company's financial health and future prospects, potentially supporting the stock price in the long term.

Purchase of own shares

LONDON, UK / ACCESSWIRE / October 1, 2024 / The Company announces that on 30 September 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:

30 September 2024

Aggregate number of ordinary shares purchased:

9,905

Lowest price paid per share:

£ 81.2600

Highest price paid per share:

£ 84.0400

Average price paid per share:

£ 82.4391

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 159,336,100 ordinary shares in issue (excluding 6,956,782 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); Joe Simpson (+44 (0)7976 862 072)

Media Relations: Mike Ward (+44 (0)7795 257 407)

Schedule of Purchases

Shares purchased: 9,905 (ISIN: GB00BHJYC057)

Date of purchases: 30 September 2024

Investment firm: GSI

Aggregated information:

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

9,905

Highest price paid (per ordinary share)

£ 84.0400

Lowest price paid (per ordinary share)

£ 81.2600

Volume weighted average price paid(per ordinary share)

£ 82.4391


Detailed information:

Transaction Date

Time

Time Zone

Volume

Price (GBP)

Trading Venue

Transaction ID

30/09/2024

10:07:00

BST

39

83.5200

XLON

1079308781102804

30/09/2024

10:08:01

BST

19

83.5600

XLON

1079308781102891

30/09/2024

10:08:01

BST

49

83.5600

XLON

1079308781102892

30/09/2024

10:10:44

BST

41

83.6000

XLON

1079308781103286

30/09/2024

10:11:12

BST

40

83.5800

XLON

1079308781103384

30/09/2024

10:14:52

BST

41

83.5400

XLON

1079308781103685

30/09/2024

10:25:14

BST

37

83.5800

XLON

1079308781104724

30/09/2024

10:39:22

BST

75

83.6200

XLON

1079308781106377

30/09/2024

10:44:58

BST

73

83.5600

XLON

1079308781107028

30/09/2024

10:55:18

BST

41

83.6600

XLON

1079308781108264

30/09/2024

10:59:05

BST

50

83.7000

XLON

1079308781108419

30/09/2024

11:00:51

BST

40

83.6800

XLON

1079308781108592

30/09/2024

11:11:40

BST

121

83.6400

XLON

1079308781109402

30/09/2024

11:19:55

BST

60

83.6600

XLON

1079308781109966

30/09/2024

11:22:04

BST

54

83.6200

XLON

1079308781110037

30/09/2024

11:27:07

BST

36

83.7400

XLON

1079308781110555

30/09/2024

11:29:23

BST

51

83.7600

XLON

1079308781110792

30/09/2024

11:29:23

BST

14

83.7600

XLON

1079308781110793

30/09/2024

11:36:39

BST

45

83.8600

XLON

1079308781111166

30/09/2024

11:40:48

BST

60

83.8000

XLON

1079308781111359

30/09/2024

11:43:05

BST

53

83.8600

XLON

1079308781111493

30/09/2024

11:45:49

BST

41

83.8400

XLON

1079308781111578

30/09/2024

11:50:25

BST

49

83.9400

XLON

1079308781111855

30/09/2024

11:53:38

BST

38

83.9600

XLON

1079308781112037

30/09/2024

11:55:54

BST

38

84.0200

XLON

1079308781112126

30/09/2024

11:59:34

BST

49

84.0400

XLON

1079308781112343

30/09/2024

12:02:02

BST

48

84.0200

XLON

1079308781112453

30/09/2024

12:07:02

BST

35

84.0400

XLON

1079308781112623

30/09/2024

12:10:34

BST

38

84.0200

XLON

1079308781112716

30/09/2024

12:10:34

BST

2

84.0200

XLON

1079308781112717

30/09/2024

12:15:21

BST

73

83.9400

XLON

1079308781112916

30/09/2024

12:20:52

BST

37

83.9800

XLON

1079308781113129

30/09/2024

12:34:04

BST

62

83.9000

XLON

1079308781113575

30/09/2024

12:48:15

BST

84

83.7400

XLON

1079308781114613

30/09/2024

12:57:04

BST

93

83.7600

XLON

1079308781115445

30/09/2024

12:59:34

BST

91

83.7400

XLON

1079308781115660

30/09/2024

12:59:53

BST

97

83.7200

XLON

1079308781115668

30/09/2024

13:02:36

BST

72

83.7400

XLON

1079308781115895

30/09/2024

13:08:31

BST

65

83.6400

XLON

1079308781116226

30/09/2024

13:10:44

BST

68

83.6000

XLON

1079308781116399

30/09/2024

13:19:23

BST

48

83.6200

XLON

1079308781116938

30/09/2024

13:20:23

BST

46

83.6000

XLON

1079308781116971

30/09/2024

13:23:17

BST

66

83.6200

XLON

1079308781117111

30/09/2024

13:30:50

BST

64

83.6000

XLON

1079308781117564

30/09/2024

13:35:12

BST

65

83.6200

XLON

1079308781117828

30/09/2024

13:44:07

BST

12

83.4200

XLON

1079308781118198

30/09/2024

13:44:07

BST

53

83.4200

XLON

1079308781118199

30/09/2024

13:52:35

BST

48

83.2200

XLON

1079308781118810

30/09/2024

13:54:55

BST

41

83.1400

XLON

1079308781118958

30/09/2024

14:01:46

BST

70

82.9000

XLON

1079308781119215

30/09/2024

14:10:05

BST

40

83.1200

XLON

1079308781119961

30/09/2024

14:10:05

BST

23

83.1200

XLON

1079308781119962

30/09/2024

14:19:30

BST

65

82.9000

XLON

1079308781120436

30/09/2024

14:28:53

BST

64

82.9400

XLON

1079308781120776

30/09/2024

14:32:01

BST

64

82.8800

XLON

1079308781120929

30/09/2024

14:40:01

BST

60

82.9200

XLON

1079308781121614

30/09/2024

14:40:45

BST

42

82.9800

XLON

1079308781121703

30/09/2024

14:40:45

BST

43

82.9600

XLON

1079308781121704

30/09/2024

14:40:45

BST

54

82.9400

XLON

1079308781121709

30/09/2024

14:46:47

BST

68

82.9400

XLON

1079308781122043

30/09/2024

14:52:41

BST

26

83.0600

XLON

1079308781122633

30/09/2024

14:52:41

BST

37

83.0600

XLON

1079308781122634

30/09/2024

14:56:41

BST

42

83.0000

XLON

1079308781122755

30/09/2024

14:56:41

BST

26

83.0000

XLON

1079308781122756

30/09/2024

15:03:02

BST

63

82.9200

XLON

1079308781123064

30/09/2024

15:10:48

BST

65

83.0400

XLON

1079308781123919

30/09/2024

15:15:26

BST

53

82.8200

XLON

1079308781124296

30/09/2024

15:15:26

BST

12

82.8200

XLON

1079308781124297

30/09/2024

15:18:41

BST

63

82.7000

XLON

1079308781124523

30/09/2024

15:24:57

BST

3

82.7800

XLON

1079308781124887

30/09/2024

15:24:57

BST

63

82.7800

XLON

1079308781124888

30/09/2024

15:27:53

BST

66

82.7600

XLON

1079308781125192

30/09/2024

15:31:11

BST

70

82.8200

XLON

1079308781125855

30/09/2024

15:32:02

BST

69

82.6800

XLON

1079308781126110

30/09/2024

15:32:57

BST

70

82.6400

XLON

1079308781126486

30/09/2024

15:35:21

BST

48

82.6200

XLON

1079308781126964

30/09/2024

15:36:14

BST

42

82.7400

XLON

1079308781127154

30/09/2024

15:36:14

BST

41

82.7200

XLON

1079308781127156

30/09/2024

15:36:14

BST

44

82.7000

XLON

1079308781127160

30/09/2024

15:38:26

BST

65

82.6600

XLON

1079308781127643

30/09/2024

15:40:35

BST

66

82.5000

XLON

1079308781128031

30/09/2024

15:43:11

BST

47

82.5200

XLON

1079308781128304

30/09/2024

15:43:11

BST

49

82.5000

XLON

1079308781128308

30/09/2024

15:43:56

BST

66

82.4800

XLON

1079308781128364

30/09/2024

15:45:40

BST

49

82.6200

XLON

1079308781128535

30/09/2024

15:47:21

BST

43

82.6000

XLON

1079308781128729

30/09/2024

15:47:53

BST

45

82.5800

XLON

1079308781128790

30/09/2024

15:49:21

BST

28

82.7200

XLON

1079308781128940

30/09/2024

15:49:21

BST

20

82.7200

XLON

1079308781128941

30/09/2024

15:49:21

BST

41

82.7000

XLON

1079308781128944

30/09/2024

15:49:21

BST

37

82.6800

XLON

1079308781128948

30/09/2024

15:49:21

BST

14

82.6800

XLON

1079308781128949

30/09/2024

15:51:18

BST

42

82.6200

XLON

1079308781129166

30/09/2024

15:51:22

BST

49

82.5800

XLON

1079308781129192

30/09/2024

15:51:22

BST

39

82.5600

XLON

1079308781129195

30/09/2024

15:51:22

BST

9

82.5600

XLON

1079308781129196

30/09/2024

15:51:47

BST

41

82.5800

XLON

1079308781129248

30/09/2024

15:52:31

BST

16

82.6600

XLON

1079308781129350

30/09/2024

15:52:31

BST

33

82.6600

XLON

1079308781129351

30/09/2024

15:52:32

BST

41

82.6400

XLON

1079308781129353

30/09/2024

15:52:53

BST

45

82.5800

XLON

1079308781129428

30/09/2024

15:53:05

BST

42

82.6000

XLON

1079308781129481

30/09/2024

15:53:54

BST

75

82.5200

XLON

1079308781129583

30/09/2024

15:54:13

BST

70

82.5400

XLON

1079308781129603

30/09/2024

15:55:34

BST

51

82.5000

XLON

1079308781129688

30/09/2024

15:55:34

BST

53

82.4800

XLON

1079308781129691

30/09/2024

15:57:11

BST

75

82.4200

XLON

1079308781129899

30/09/2024

15:58:06

BST

66

82.2800

XLON

1079308781130055

30/09/2024

16:00:00

BST

71

82.1200

XLON

1079308781130228

30/09/2024

16:01:33

BST

40

82.0200

XLON

1079308781130490

30/09/2024

16:01:37

BST

40

81.9800

XLON

1079308781130509

30/09/2024

16:02:49

BST

33

82.1200

XLON

1079308781130650

30/09/2024

16:02:49

BST

1

82.1200

XLON

1079308781130651

30/09/2024

16:02:49

BST

42

82.1200

XLON

1079308781130652

30/09/2024

16:04:15

BST

52

82.1800

XLON

1079308781130815

30/09/2024

16:04:41

BST

48

82.1600

XLON

1079308781130885

30/09/2024

16:05:27

BST

40

82.1600

XLON

1079308781130965

30/09/2024

16:06:11

BST

73

82.1000

XLON

1079308781131050

30/09/2024

16:07:44

BST

8

81.8800

XLON

1079308781131281

30/09/2024

16:07:44

BST

58

81.8800

XLON

1079308781131282

30/09/2024

16:10:08

BST

74

81.8200

XLON

1079308781131817

30/09/2024

16:12:14

BST

65

81.6800

XLON

1079308781132272

30/09/2024

16:15:00

BST

65

81.6000

XLON

1079308781132646

30/09/2024

16:18:24

BST

66

81.5000

XLON

1079308781133348

30/09/2024

16:20:34

BST

67

81.5600

XLON

1079308781133734

30/09/2024

16:22:00

BST

66

81.6600

XLON

1079308781133906

30/09/2024

16:24:21

BST

66

81.6200

XLON

1079308781134208

30/09/2024

16:26:30

BST

67

81.4000

XLON

1079308781134595

30/09/2024

16:28:41

BST

67

81.2600

XLON

1079308781135048

30/09/2024

16:30:21

BST

2

81.4200

XLON

1079308781135583

30/09/2024

16:30:21

BST

32

81.4200

XLON

1079308781135584

30/09/2024

16:30:21

BST

32

81.4200

XLON

1079308781135585

30/09/2024

16:32:01

BST

64

81.4200

XLON

1079308781135861

30/09/2024

16:33:52

BST

54

81.6200

XLON

1079308781136081

30/09/2024

16:34:22

BST

54

81.6000

XLON

1079308781136165

30/09/2024

16:34:22

BST

42

81.5800

XLON

1079308781136166

30/09/2024

16:35:00

BST

74

81.6800

XLON

1079308781136300

30/09/2024

16:38:04

BST

66

81.4600

XLON

1079308781136674

30/09/2024

16:39:58

BST

65

81.4400

XLON

1079308781136847

30/09/2024

16:41:48

BST

64

81.6000

XLON

1079308781137093

30/09/2024

16:43:47

BST

69

81.6200

XLON

1079308781137425

30/09/2024

16:46:02

BST

67

81.6600

XLON

1079308781137702

30/09/2024

16:47:46

BST

74

81.6600

XLON

1079308781138054

30/09/2024

16:49:12

BST

74

81.5800

XLON

1079308781138379

30/09/2024

16:50:59

BST

68

81.4600

XLON

1079308781138708

30/09/2024

16:52:42

BST

69

81.3600

XLON

1079308781139013

30/09/2024

16:55:22

BST

67

81.4400

XLON

1079308781139436

30/09/2024

16:56:14

BST

69

81.4000

XLON

1079308781139617

30/09/2024

16:57:51

BST

70

81.3400

XLON

1079308781139811

30/09/2024

17:00:00

BST

75

81.2800

XLON

1079308781140161

30/09/2024

17:01:11

BST

52

81.3600

XLON

1079308781140318

30/09/2024

17:01:11

BST

22

81.3600

XLON

1079308781140319

30/09/2024

17:03:11

BST

15

81.4000

XLON

1079308781140696

30/09/2024

17:03:11

BST

26

81.4000

XLON

1079308781140697

30/09/2024

17:04:54

BST

41

81.5200

XLON

1079308781140914

30/09/2024

17:05:20

BST

40

81.5400

XLON

1079308781140962

30/09/2024

17:05:49

BST

44

81.5600

XLON

1079308781141057

30/09/2024

17:06:45

BST

24

81.6000

XLON

1079308781141313

30/09/2024

17:06:45

BST

21

81.6000

XLON

1079308781141314

30/09/2024

17:07:00

BST

58

81.6600

XLON

1079308781141352

30/09/2024

17:08:35

BST

46

81.7000

XLON

1079308781141562

30/09/2024

17:08:35

BST

10

81.7000

XLON

1079308781141563

30/09/2024

17:09:41

BST

43

81.6400

XLON

1079308781141784

30/09/2024

17:09:41

BST

16

81.6400

XLON

1079308781141785

30/09/2024

17:10:51

BST

15

81.6000

XLON

1079308781141931

30/09/2024

17:10:51

BST

50

81.6000

XLON

1079308781141932

30/09/2024

17:11:14

BST

59

81.5600

XLON

1079308781142023

30/09/2024

17:12:18

BST

61

81.5600

XLON

1079308781142118

30/09/2024

17:12:33

BST

58

81.5200

XLON

1079308781142146

30/09/2024

17:14:26

BST

60

81.5200

XLON

1079308781142396

30/09/2024

17:14:35

BST

60

81.5000

XLON

1079308781142442

30/09/2024

17:15:06

BST

63

81.4800

XLON

1079308781142548

30/09/2024

17:15:36

BST

42

81.4000

XLON

1079308781142676

30/09/2024

17:16:05

BST

41

81.4200

XLON

1079308781142759

30/09/2024

17:16:46

BST

9

81.3600

XLON

1079308781142869

30/09/2024

17:16:46

BST

6

81.3600

XLON

1079308781142870

30/09/2024

17:16:46

BST

45

81.3600

XLON

1079308781142871

30/09/2024

17:18:04

BST

46

81.4600

XLON

1079308781143195

30/09/2024

17:18:42

BST

43

81.4400

XLON

1079308781143278

30/09/2024

17:19:06

BST

61

81.4600

XLON

1079308781143394

30/09/2024

17:20:13

BST

59

81.4400

XLON

1079308781143713

30/09/2024

17:20:18

BST

6

81.4400

XLON

1079308781143740

30/09/2024

17:20:18

BST

58

81.4400

XLON

1079308781143741

30/09/2024

17:21:47

BST

19

81.4600

XLON

1079308781144154

30/09/2024

17:21:48

BST

24

81.4600

XLON

1079308781144157

30/09/2024

17:21:48

BST

7

81.4600

XLON

1079308781144158

30/09/2024

17:21:58

BST

68

81.4400

XLON

1079308781144185

30/09/2024

17:21:58

BST

5

81.4400

XLON

1079308781144186

30/09/2024

17:22:15

BST

69

81.4400

XLON

1079308781144270

30/09/2024

17:24:30

BST

10

81.3600

XLON

1079308781144709

30/09/2024

17:24:30

BST

45

81.3600

XLON

1079308781144710

30/09/2024

17:24:30

BST

35

81.3600

XLON

1079308781144711

30/09/2024

17:24:37

BST

63

81.3400

XLON

1079308781144731

30/09/2024

17:24:45

BST

42

81.3400

XLON

1079308781144776

30/09/2024

17:24:45

BST

11

81.3400

XLON

1079308781144777

30/09/2024

17:24:45

BST

55

81.3200

XLON

1079308781144789

30/09/2024

17:25:09

BST

53

81.3400

XLON

1079308781144964

30/09/2024

17:26:03

BST

66

81.3200

XLON

1079308781145239

30/09/2024

17:26:24

BST

40

81.3000

XLON

1079308781145314

30/09/2024

17:27:12

BST

26

81.3600

XLON

1079308781145659

30/09/2024

17:27:12

BST

29

81.3600

XLON

1079308781145660

30/09/2024

17:27:25

BST

54

81.3400

XLON

1079308781145738

30/09/2024

17:28:05

BST

50

81.3400

XLON

1079308781145874

30/09/2024

17:28:06

BST

40

81.3400

XLON

1079308781145882

30/09/2024

17:28:48

BST

59

81.3400

XLON

1079308781146169

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SOURCE: InterContinental Hotels Group PLC.



View the original press release on accesswire.com

FAQ

How many shares did IHG purchase on September 30, 2024?

IHG purchased 9,905 of its ordinary shares on September 30, 2024.

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

The average price paid per share in IHG's recent buyback was £82.4391.

How many ordinary shares does IHG have in issue after this transaction?

After this transaction, IHG has 159,336,100 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

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17.48B
159.40M
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7.9%
0.27%
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