InterContinental Hotels Group PLC Announces Transaction in Own Shares – Jan 26

Rhea-AI Summary

InterContinental Hotels Group PLC announced the purchase of 9,500 ordinary shares on January 25, 2023, through Goldman Sachs International on the London Stock Exchange. The purchase, conducted under the authority granted by shareholders at the AGM on May 6, 2022, had an average price of £56.5963, with a low of £56.3000 and a high of £57.0600. Following this transaction, the total number of ordinary shares in issue stands at 175,430,771, excluding 7,506,782 held in treasury. The purchased shares are intended for cancellation.

Positive

• The share buyback demonstrates the company's commitment to returning value to shareholders.
• The average purchase price of £56.5963 is within an acceptable range, suggesting effective capital management.

Negative

• None.

Purchase of own shares

LONDON, UK / ACCESSWIRE / January 26, 2023 / InterContinental Hotels Group PLC (the Company) The Company announces that on 25 January 2023 it purchased the following number of its ordinary shares of 20^340/399pence 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 6 May 2022 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 09 August 2022, as announced on 09 August 2022.

Date of purchase:	25 January 2023
Aggregate number of ordinary shares purchased:	9,500
Lowest price paid per share:	£ 56.3000
Highest price paid per share:	£ 57.0600
Average price paid per share:	£ 56.5963

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 175,430,771 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: Amy Shields (+44 (0)7881 035 550); Dan Winter (+44 (0)7423 793 352)

Schedule of Purchases

Shares purchased: 9,500 (ISIN: GB00BHJYC057)

Date of purchases: 25 January 2023

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	9,500
Highest price paid (per ordinary share)	£ 57.0600
Lowest price paid (per ordinary share)	£ 56.3000
Volume weighted average price paid(per ordinary share)	£ 56.5963

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
25/01/2023	08:14:59	GMT	73	56.9000	XLON	699590722456574
25/01/2023	08:15:07	GMT	66	56.9200	XLON	699590722456625
25/01/2023	08:15:07	GMT	66	56.9200	XLON	699590722456627
25/01/2023	08:20:23	GMT	65	57.0400	XLON	699590722457086
25/01/2023	08:23:56	GMT	64	57.0600	XLON	699590722457541
25/01/2023	08:26:36	GMT	64	56.7800	XLON	699590722457922
25/01/2023	08:26:45	GMT	102	56.7400	XLON	699590722457951
25/01/2023	08:42:16	GMT	94	56.7600	XLON	699590722459705
25/01/2023	08:52:19	GMT	61	56.7800	XLON	699590722460820
25/01/2023	08:53:51	GMT	65	56.7800	XLON	699590722460971
25/01/2023	09:01:03	GMT	62	56.6400	XLON	699590722461576
25/01/2023	09:08:59	GMT	63	56.6400	XLON	699590722462505
25/01/2023	09:14:46	GMT	70	56.6000	XLON	699590722463122
25/01/2023	09:18:47	GMT	65	56.6200	XLON	699590722463595
25/01/2023	09:25:00	GMT	67	56.6200	XLON	699590722464145
25/01/2023	09:33:02	GMT	45	56.6800	XLON	699590722464660
25/01/2023	09:33:02	GMT	46	56.6800	XLON	699590722464661
25/01/2023	09:39:08	GMT	68	56.6800	XLON	699590722465051
25/01/2023	09:48:54	GMT	73	56.7200	XLON	699590722465556
25/01/2023	09:52:32	GMT	99	56.6600	XLON	699590722466023
25/01/2023	10:02:37	GMT	15	56.5200	XLON	699590722466996
25/01/2023	10:02:37	GMT	118	56.5200	XLON	699590722466995
25/01/2023	10:13:43	GMT	85	56.3200	XLON	699590722467934
25/01/2023	10:35:07	GMT	18	56.3800	XLON	699590722469689
25/01/2023	10:35:07	GMT	61	56.3800	XLON	699590722469688
25/01/2023	10:35:07	GMT	82	56.3800	XLON	699590722469686
25/01/2023	10:42:53	GMT	89	56.4600	XLON	699590722470067
25/01/2023	10:50:37	GMT	63	56.5400	XLON	699590722470562
25/01/2023	11:01:53	GMT	61	56.6000	XLON	699590722471261
25/01/2023	11:15:01	GMT	75	56.6800	XLON	699590722471874
25/01/2023	11:24:01	GMT	128	56.7400	XLON	699590722472331
25/01/2023	11:37:22	GMT	67	56.7800	XLON	699590722473007
25/01/2023	11:38:37	GMT	119	56.7600	XLON	699590722473089
25/01/2023	11:52:19	GMT	63	56.7800	XLON	699590722473834
25/01/2023	11:54:26	GMT	86	56.7600	XLON	699590722474047
25/01/2023	12:04:33	GMT	128	56.8200	XLON	699590722474653
25/01/2023	12:13:37	GMT	77	56.8600	XLON	699590722475163
25/01/2023	12:23:16	GMT	64	56.8600	XLON	699590722475713
25/01/2023	12:29:11	GMT	73	56.9400	XLON	699590722476157
25/01/2023	12:43:24	GMT	54	56.9000	XLON	699590722476996
25/01/2023	12:43:24	GMT	120	56.9000	XLON	699590722476995
25/01/2023	12:45:30	GMT	70	56.9000	XLON	699590722477155
25/01/2023	12:51:04	GMT	10	56.8800	XLON	699590722477469
25/01/2023	12:57:10	GMT	61	56.9000	XLON	699590722477828
25/01/2023	13:10:52	GMT	58	56.9000	XLON	699590722478631
25/01/2023	13:10:52	GMT	68	56.9000	XLON	699590722478632
25/01/2023	13:14:43	GMT	95	56.9400	XLON	699590722478807
25/01/2023	13:20:20	GMT	88	56.9200	XLON	699590722479153
25/01/2023	13:24:02	GMT	82	56.9000	XLON	699590722479396
25/01/2023	13:32:17	GMT	59	56.8800	XLON	699590722479837
25/01/2023	13:32:17	GMT	68	56.8800	XLON	699590722479836
25/01/2023	13:35:09	GMT	73	56.8000	XLON	699590722480066
25/01/2023	13:43:02	GMT	114	56.7400	XLON	699590722480951
25/01/2023	13:50:30	GMT	121	56.6600	XLON	699590722481579
25/01/2023	14:03:34	GMT	194	56.7000	XLON	699590722482966
25/01/2023	14:06:13	GMT	32	56.7200	XLON	699590722483206
25/01/2023	14:06:13	GMT	86	56.7200	XLON	699590722483205
25/01/2023	14:13:05	GMT	71	56.7200	XLON	699590722483805
25/01/2023	14:18:23	GMT	115	56.7200	XLON	699590722484062
25/01/2023	14:21:49	GMT	69	56.7000	XLON	699590722484316
25/01/2023	14:24:09	GMT	127	56.7000	XLON	699590722484506
25/01/2023	14:30:02	GMT	108	56.7000	XLON	699590722485373
25/01/2023	14:32:01	GMT	102	56.5400	XLON	699590722486516
25/01/2023	14:37:01	GMT	23	56.5600	XLON	699590722487550
25/01/2023	14:37:01	GMT	59	56.5600	XLON	699590722487549
25/01/2023	14:37:01	GMT	158	56.5600	XLON	699590722487544
25/01/2023	14:42:37	GMT	47	56.7200	XLON	699590722488780
25/01/2023	14:42:37	GMT	58	56.7200	XLON	699590722488779
25/01/2023	14:44:02	GMT	203	56.6600	XLON	699590722489033
25/01/2023	14:49:20	GMT	194	56.6400	XLON	699590722489867
25/01/2023	14:50:31	GMT	115	56.6000	XLON	699590722490026
25/01/2023	14:53:34	GMT	68	56.5800	XLON	699590722490390
25/01/2023	14:56:41	GMT	51	56.5200	XLON	699590722490976
25/01/2023	14:56:41	GMT	129	56.5200	XLON	699590722490975
25/01/2023	14:59:10	GMT	101	56.5200	XLON	699590722491310
25/01/2023	15:02:00	GMT	66	56.4600	XLON	699590722491952
25/01/2023	15:03:40	GMT	87	56.4800	XLON	699590722492243
25/01/2023	15:05:19	GMT	70	56.4600	XLON	699590722492743
25/01/2023	15:07:29	GMT	92	56.5000	XLON	699590722493183
25/01/2023	15:10:42	GMT	65	56.3600	XLON	699590722493542
25/01/2023	15:10:42	GMT	90	56.3600	XLON	699590722493541
25/01/2023	15:12:29	GMT	6	56.3800	XLON	699590722493740
25/01/2023	15:12:29	GMT	70	56.3800	XLON	699590722493739
25/01/2023	15:14:11	GMT	62	56.3400	XLON	699590722493970
25/01/2023	15:18:22	GMT	39	56.4000	XLON	699590722494891
25/01/2023	15:18:22	GMT	80	56.4000	XLON	699590722494890
25/01/2023	15:18:22	GMT	92	56.4000	XLON	699590722494889
25/01/2023	15:22:13	GMT	194	56.3000	XLON	699590722495421
25/01/2023	15:25:19	GMT	64	56.3200	XLON	699590722495767
25/01/2023	15:30:28	GMT	99	56.3200	XLON	699590722496476
25/01/2023	15:33:05	GMT	5	56.4400	XLON	699590722497028
25/01/2023	15:33:05	GMT	32	56.4400	XLON	699590722497024
25/01/2023	15:33:05	GMT	40	56.4400	XLON	699590722497025
25/01/2023	15:33:05	GMT	104	56.4400	XLON	699590722497027
25/01/2023	15:34:27	GMT	72	56.4000	XLON	699590722497221
25/01/2023	15:34:27	GMT	63	56.4400	XLON	699590722497208
25/01/2023	15:40:51	GMT	138	56.3200	XLON	699590722498123
25/01/2023	15:44:27	GMT	69	56.4000	XLON	699590722498719
25/01/2023	15:47:11	GMT	72	56.4400	XLON	699590722499266
25/01/2023	15:50:11	GMT	88	56.4000	XLON	699590722499748
25/01/2023	15:55:14	GMT	189	56.4400	XLON	699590722500425
25/01/2023	15:59:04	GMT	80	56.4200	XLON	699590722500964
25/01/2023	15:59:04	GMT	86	56.4200	XLON	699590722500967
25/01/2023	16:01:36	GMT	111	56.4000	XLON	699590722501392
25/01/2023	16:03:57	GMT	69	56.3800	XLON	699590722501729
25/01/2023	16:05:54	GMT	35	56.3800	XLON	699590722502074
25/01/2023	16:05:54	GMT	44	56.3800	XLON	699590722502075
25/01/2023	16:09:34	GMT	17	56.3200	XLON	699590722502689
25/01/2023	16:10:05	GMT	105	56.3200	XLON	699590722502742
25/01/2023	16:11:07	GMT	14	56.3400	XLON	699590722502915
25/01/2023	16:11:07	GMT	51	56.3400	XLON	699590722502916
25/01/2023	16:13:07	GMT	18	56.3400	XLON	699590722503224
25/01/2023	16:13:07	GMT	39	56.3400	XLON	699590722503222
25/01/2023	16:13:07	GMT	42	56.3400	XLON	699590722503223
25/01/2023	16:15:18	GMT	106	56.3400	XLON	699590722503577
25/01/2023	16:18:05	GMT	96	56.3400	XLON	699590722504247
25/01/2023	16:20:17	GMT	86	56.3800	XLON	699590722504865
25/01/2023	16:23:41	GMT	62	56.4400	XLON	699590722505662
25/01/2023	16:25:11	GMT	67	56.4200	XLON	699590722506007
25/01/2023	16:25:54	GMT	2	56.3800	XLON	699590722506207
25/01/2023	16:25:54	GMT	8	56.3800	XLON	699590722506206
25/01/2023	16:25:54	GMT	14	56.3800	XLON	699590722506208
25/01/2023	16:27:45	GMT	5	56.4200	XLON	699590722506596
25/01/2023	16:27:45	GMT	33	56.4200	XLON	699590722506594
25/01/2023	16:27:45	GMT	46	56.4200	XLON	699590722506595
25/01/2023	16:28:36	GMT	4	56.4400	XLON	699590722506756
25/01/2023	16:28:36	GMT	43	56.4400	XLON	699590722506755
25/01/2023	16:29:46	GMT	32	56.5000	XLON	699590722507079
25/01/2023	16:29:46	GMT	36	56.5000	XLON	699590722507078

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SOURCE: InterContinental Hotels Group PLC

View source version on accesswire.com:
https://www.accesswire.com/736830/InterContinental-Hotels-Group-PLC-Announces-Transaction-in-Own-Shares-Jan-26

FAQ

What shares did InterContinental Hotels Group purchase on January 25, 2023?

InterContinental Hotels Group purchased 9,500 ordinary shares on January 25, 2023.

What was the average price paid for the shares bought on January 25, 2023?

The average price paid per share was £56.5963.

How many ordinary shares are currently in issue for InterContinental Hotels Group?

Following the purchase, InterContinental Hotels Group has 175,430,771 ordinary shares in issue.

What was the highest price paid per share during the purchase?

The highest price paid per share was £57.0600.

What does the company plan to do with the purchased shares?

The company intends to cancel the purchased shares.