InterContinental Hotels Group PLC Announces Transaction in Own Shares - Aug 8
InterContinental Hotels Group PLC (IHG) announced a share buyback transaction on August 7, 2024. The company purchased 157,543 ordinary shares through Goldman Sachs International on the London Stock Exchange. The average price paid per share was £72.8064, with the lowest price at £72.2600 and the highest at £73.5200.
This purchase was made in accordance with shareholder authorization from the Annual General Meeting on May 3, 2024, and follows instructions issued by IHG on February 20, 2024. The company intends to cancel the purchased shares. After this transaction, IHG has 160,158,558 ordinary shares in issue, excluding 7,006,782 held in treasury.
InterContinental Hotels Group PLC (IHG) ha annunciato un'operazione di riacquisto di azioni il 7 agosto 2024. L'azienda ha acquistato 157.543 azioni ordinarie tramite Goldman Sachs International sulla Borsa di Londra. Il prezzo medio pagato per azione è stato di £72,8064, con un prezzo minimo di £72,2600 e un prezzo massimo di £73,5200.
Questo acquisto è stato effettuato in conformità con l'autorizzazione degli azionisti dell'Assemblea Generale Annuale tenutasi il 3 maggio 2024 e segue le istruzioni fornite da IHG il 20 febbraio 2024. L'azienda intende annullare le azioni acquistate. Dopo questa transazione, IHG conta 160.158.558 azioni ordinarie in circolazione, escludendo 7.006.782 detenute in tesoreria.
InterContinental Hotels Group PLC (IHG) anunció una operación de recompra de acciones el 7 de agosto de 2024. La compañía adquirió 157,543 acciones ordinarias a través de Goldman Sachs International en la Bolsa de Valores de Londres. El precio medio pagado por acción fue de £72.8064, con un precio mínimo de £72.2600 y un precio máximo de £73.5200.
Esta compra se llevó a cabo de acuerdo con la autorización de los accionistas de la Junta General Anual del 3 de mayo de 2024, y sigue las instrucciones emitidas por IHG el 20 de febrero de 2024. La compañía tiene la intención de cancelar las acciones adquiridas. Después de esta transacción, IHG tiene 160,158,558 acciones ordinarias en circulación, excluyendo 7,006,782 mantenidas en tesorería.
인터컨티넨탈 호텔 그룹 PLC (IHG)는 2024년 8월 7일에 주식 매입 거래를 발표했습니다. 회사는 런던 증권 거래소에서 골드만 삭스를 통해 157,543주의 보통주를 매입했습니다. 주당 평균 가격은 £72.8064였으며, 최저 가격은 £72.2600, 최고 가격은 £73.5200이었습니다.
이 구매는 2024년 5월 3일 연례 총회에서 주주 승인을 받아 이루어졌으며, 2024년 2월 20일 IHG가 발행한 지침을 따릅니다. 회사는 구매한 주식을 취소할 계획입니다. 이 거래 이후 IHG는 160,158,558주의 보통주가 발행되어 있으며, 재무부에서 보유하고 있는 7,006,782주는 제외됩니다.
Le InterContinental Hotels Group PLC (IHG) a annoncé une opération de rachat d'actions le 7 août 2024. La société a acheté 157 543 actions ordinaires par l'intermédiaire de Goldman Sachs International sur la Bourse de Londres. Le prix moyen payé par action était de £72,8064, avec un prix le plus bas de £72,2600 et un prix le plus élevé de £73,5200.
Ce rachat a été réalisé conformément à l'autorisation des actionnaires de l'Assemblée Générale Annuelle du 3 mai 2024 et suit les instructions émises par IHG le 20 février 2024. La société a l'intention de canceller les actions achetées. Après cette opération, IHG dispose de 160 158 558 actions ordinaires en circulation, excluant 7 006 782 détenues en trésorerie.
Die InterContinental Hotels Group PLC (IHG) kündigte am 7. August 2024 eine Aktienrückkauftransaktion an. Das Unternehmen erwarb 157.543 Stammaktien über Goldman Sachs International an der Londoner Börse. Der durchschnittliche Preis pro Aktie betrug £72,8064, mit einem niedrigsten Preis von £72,2600 und einem höchsten Preis von £73,5200.
Dieser Kauf erfolgte gemäß der Aktionärsgenehmigung der Hauptversammlung am 3. Mai 2024 und folgt den Anweisungen, die IHG am 20. Februar 2024 erteilt hat. Das Unternehmen beabsichtigt, die erworbenen Aktien zu annullieren. Nach dieser Transaktion hat IHG 160.158.558 Stammaktien im Umlauf, ohne die 7.006.782, die in der Schatzkammer gehalten werden.
- IHG is conducting a share buyback program, which can potentially increase shareholder value
- The company plans to cancel the purchased shares, which may lead to a reduction in outstanding shares
- The share buyback reduces the company's cash reserves
- Fewer outstanding shares may result in decreased liquidity for the stock
LONDON, UNITED KINGDOM / ACCESSWIRE / August 8, 2024 / The Company announces that on 07 August 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: | 07 August 2024 |
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The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 160,158,558 ordinary shares in issue (excluding 7,006,782 held in treasury).
A full breakdown of the individual purchases by GSI is included below.
http://www.rns-pdf.londonstockexchange.com/rns/6307Z_1-2024-8-7.pdf
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: 157,543 (ISIN: GB00BHJYC057)
Date of purchases: 07 August 2024
Investment firm: GSI
Aggregated information:
| London Stock Exchange | Cboe BXE | Cboe CXE | Turquoise |
Number of ordinary shares purchased | 70,108 | 42,335 | 32,500 | 12,600 |
Highest price paid (per ordinary share) | £ 73.5000 | £ 73.5200 | £ 73.5000 | £ 73.4800 |
Lowest price paid (per ordinary share) | £ 72.2600 | £ 72.2600 | £ 72.2800 | £ 72.2800 |
Volume weighted average price paid(per ordinary share) | £ 72.8119 | £ 72.7698 | £ 72.8331 | £ 72.8294 |
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SOURCE: InterContinental Hotels Group PLC
View the original press release on accesswire.com
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