InterContinental Hotels Group PLC Announces Transaction in Own Shares - December 11

Rhea-AI Summary

InterContinental Hotels Group (IHG) has announced a share buyback transaction conducted on December 10, 2024, through Goldman Sachs International on the London Stock Exchange. The company purchased 1,000 ordinary shares at prices ranging from £97.60 to £99.08 per share, with an average price of £98.15.

The purchase was executed under shareholder authority granted at the Company's Annual General Meeting on May 3, 2024, following instructions issued on February 20, 2024. IHG intends to cancel these purchased shares. Following this transaction, the company has 158,340,929 ordinary shares in issue (excluding 6,956,782 held in treasury).

12/11/2024 - 02:00 AM

Purchase of own shares

LONDON, UK / ACCESSWIRE / December 11, 2024 / The Company announces that on 10 December 2024 it purchased the following number of its ordinary shares of 20^340/399 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:	10 December 2024
Aggregate number of ordinary shares purchased:	1,000
Lowest price paid per share:	£ 97.6000
Highest price paid per share:	£ 99.0800
Average price paid per share:	£ 98.1509

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 158,340,929 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: 1,000 (ISIN: GB00BHJYC057)

Date of purchases: 10 December 2024

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	1,000
Highest price paid (per ordinary share)	£ 99.0800
Lowest price paid (per ordinary share)	£ 97.6000
Volume weighted average price paid(per ordinary share)	£ 98.1509

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
10/12/2024	09:49:10	GMT	49	98.8400	XLON	1123246296535859
10/12/2024	09:49:10	GMT	48	98.8200	XLON	1123246296535861
10/12/2024	10:17:39	GMT	41	99.0800	XLON	1123246296537336
10/12/2024	10:50:14	GMT	40	98.6200	XLON	1123246296539051
10/12/2024	11:27:38	GMT	7	98.4200	XLON	1123246296540792
10/12/2024	11:27:38	GMT	34	98.4200	XLON	1123246296540793
10/12/2024	12:01:21	GMT	39	98.0200	XLON	1123246296542068
10/12/2024	12:47:04	GMT	37	98.1000	XLON	1123246296543880
10/12/2024	13:27:10	GMT	42	98.3600	XLON	1123246296545009
10/12/2024	14:04:44	GMT	42	98.5600	XLON	1123246296546415
10/12/2024	14:37:55	GMT	36	98.3800	XLON	1123246296548160
10/12/2024	15:03:45	GMT	39	98.2600	XLON	1123246296549415
10/12/2024	15:21:25	GMT	36	98.1200	XLON	1123246296550736
10/12/2024	15:33:53	GMT	36	97.9800	XLON	1123246296553128
10/12/2024	15:43:50	GMT	40	97.7600	XLON	1123246296554739
10/12/2024	15:52:18	GMT	43	97.8400	XLON	1123246296555771
10/12/2024	16:02:04	GMT	42	98.0600	XLON	1123246296557572
10/12/2024	16:11:04	GMT	19	97.8800	XLON	1123246296558979
10/12/2024	16:11:04	GMT	17	97.8800	XLON	1123246296558980
10/12/2024	16:21:00	GMT	38	97.9000	XLON	1123246296559992
10/12/2024	16:28:55	GMT	36	97.9000	XLON	1123246296560707
10/12/2024	16:38:11	GMT	36	97.8800	XLON	1123246296561740
10/12/2024	16:38:11	GMT	2	97.8800	XLON	1123246296561741
10/12/2024	16:50:38	GMT	38	97.9200	XLON	1123246296563244
10/12/2024	17:01:32	GMT	36	97.7400	XLON	1123246296564473
10/12/2024	17:10:44	GMT	39	97.6000	XLON	1123246296565876
10/12/2024	17:19:16	GMT	36	97.6200	XLON	1123246296567122
10/12/2024	17:26:09	GMT	52	97.7200	XLON	1123246296568223

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 purchase in its December 10, 2024 buyback?

IHG purchased 1,000 ordinary shares on December 10, 2024.

What was the price range for IHG's share buyback on December 10, 2024?

The shares were purchased at prices ranging from £97.60 to £99.08 per share, with an average price of £98.15.

What is IHG's total number of outstanding shares after the December 10 buyback?

After the transaction, IHG has 158,340,929 ordinary shares in issue, excluding 6,956,782 shares held in treasury.

What does IHG plan to do with the shares purchased on December 10, 2024?

IHG intends to cancel the purchased shares.

When was the share buyback authority granted to IHG?

The share buyback authority was granted by shareholders at IHG's Annual General Meeting on May 3, 2024.

Which investment firm executed IHG's share buyback transaction?

Goldman Sachs International (GSI) executed the share buyback transaction on the London Stock Exchange.