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InterContinental Hotels Group PLC Announces Transaction in Own Shares – Dec 14

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Rhea-AI Summary

InterContinental Hotels Group announced the purchase of 20,000 of its ordinary shares on December 13, 2022. The transaction, executed via Goldman Sachs International, was authorized by shareholders at the Annual General Meeting on May 6, 2022. The shares were bought at an average price of £49.8153 each, with a highest price of £50.2400 and a lowest price of £49.4400. Following this purchase, the total number of ordinary shares in issue is 175,129,706 (excluding treasury shares). The company plans to cancel the acquired shares.

Positive
  • Share buyback of 20,000 shares demonstrates commitment to enhancing shareholder value.
  • Purchase executed at an average price lower than current trading range, indicating potential for value acquisition.
Negative
  • None.

LONDON, UK / ACCESSWIRE / December 14, 2022 / The Company announces that on 13 December 2022 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 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:13 December 2022
Aggregate number of ordinary shares purchased:20,000
Lowest price paid per share:£ 49.4400
Highest price paid per share:£ 50.2400
Average price paid per share:£ 49.8153

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 175,129,706 ordinary shares in issue (excluding 8,156,782 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: 20,000 (ISIN: GB00BHJYC057)

Date of purchases: 13 December 2022

Investment firm: GSI

Aggregated information

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

20,000

Highest price paid (per ordinary share)

£ 50.2400

Lowest price paid (per ordinary share)

£ 49.4400

Volume weighted average price paid(per ordinary share)

£ 49.8153

Detailed information:

Transaction Date

Time

Time Zone

Volume

Price (GBP)

Trading Venue

Transaction ID

13/12/2022

08:04:29

GMT

31

49.7000

XLON

672996284958494

13/12/2022

08:04:29

GMT

66

49.7000

XLON

672996284958493

13/12/2022

08:04:35

GMT

58

49.6600

XLON

672996284958506

13/12/2022

08:10:30

GMT

60

49.5300

XLON

672996284959166

13/12/2022

08:13:12

GMT

122

49.5900

XLON

672996284959477

13/12/2022

08:15:49

GMT

1

49.7300

XLON

672996284959704

13/12/2022

08:15:49

GMT

44

49.7300

XLON

672996284959703

13/12/2022

08:15:49

GMT

130

49.7300

XLON

672996284959702

13/12/2022

08:17:04

GMT

68

49.6800

XLON

672996284959815

13/12/2022

08:18:50

GMT

99

49.7100

XLON

672996284960114

13/12/2022

08:21:55

GMT

82

49.7100

XLON

672996284960447

13/12/2022

08:23:10

GMT

64

49.6900

XLON

672996284960519

13/12/2022

08:27:54

GMT

6

49.7200

XLON

672996284961136

13/12/2022

08:27:54

GMT

64

49.7200

XLON

672996284961135

13/12/2022

08:27:54

GMT

102

49.7200

XLON

672996284961137

13/12/2022

08:30:51

GMT

67

49.8000

XLON

672996284961444

13/12/2022

08:33:56

GMT

29

49.8500

XLON

672996284961745

13/12/2022

08:33:56

GMT

77

49.8500

XLON

672996284961746

13/12/2022

08:37:22

GMT

72

49.8300

XLON

672996284962145

13/12/2022

08:41:14

GMT

158

49.8700

XLON

672996284962492

13/12/2022

08:42:57

GMT

67

49.8600

XLON

672996284962665

13/12/2022

08:47:39

GMT

14

49.7900

XLON

672996284963309

13/12/2022

08:47:39

GMT

51

49.7900

XLON

672996284963310

13/12/2022

08:49:34

GMT

16

49.7700

XLON

672996284963519

13/12/2022

08:49:34

GMT

77

49.7700

XLON

672996284963518

13/12/2022

08:53:43

GMT

64

49.7900

XLON

672996284963843

13/12/2022

08:56:40

GMT

60

49.7200

XLON

672996284964057

13/12/2022

08:59:58

GMT

67

49.8200

XLON

672996284964342

13/12/2022

09:03:16

GMT

9

49.9300

XLON

672996284964652

13/12/2022

09:03:16

GMT

55

49.9300

XLON

672996284964651

13/12/2022

09:05:41

GMT

34

49.9600

XLON

672996284964830

13/12/2022

09:05:41

GMT

80

49.9600

XLON

672996284964829

13/12/2022

09:09:51

GMT

74

49.9300

XLON

672996284965248

13/12/2022

09:13:07

GMT

69

49.9300

XLON

672996284965626

13/12/2022

09:18:15

GMT

34

49.8900

XLON

672996284966003

13/12/2022

09:18:15

GMT

48

49.8900

XLON

672996284966004

13/12/2022

09:23:32

GMT

69

49.8700

XLON

672996284966351

13/12/2022

09:26:54

GMT

104

49.8400

XLON

672996284966537

13/12/2022

09:34:51

GMT

102

49.8800

XLON

672996284967343

13/12/2022

09:40:40

GMT

91

49.8800

XLON

672996284968126

13/12/2022

09:45:09

GMT

66

49.7100

XLON

672996284968580

13/12/2022

09:52:04

GMT

59

49.5900

XLON

672996284968975

13/12/2022

09:55:40

GMT

62

49.5700

XLON

672996284969162

13/12/2022

09:57:51

GMT

76

49.5200

XLON

672996284969322

13/12/2022

10:05:25

GMT

16

49.4400

XLON

672996284969946

13/12/2022

10:05:25

GMT

48

49.4400

XLON

672996284969945

13/12/2022

10:09:58

GMT

65

49.4800

XLON

672996284970303

13/12/2022

10:10:48

GMT

62

49.4600

XLON

672996284970373

13/12/2022

10:13:57

GMT

69

49.4400

XLON

672996284970657

13/12/2022

10:22:38

GMT

63

49.4900

XLON

672996284971246

13/12/2022

10:22:38

GMT

97

49.4900

XLON

672996284971242

13/12/2022

10:26:58

GMT

78

49.5400

XLON

672996284971706

13/12/2022

10:30:46

GMT

14

49.5400

XLON

672996284971962

13/12/2022

10:30:46

GMT

47

49.5400

XLON

672996284971961

13/12/2022

10:34:47

GMT

112

49.5600

XLON

672996284972350

13/12/2022

10:39:36

GMT

78

49.5100

XLON

672996284972719

13/12/2022

10:43:49

GMT

29

49.5300

XLON

672996284972957

13/12/2022

10:43:49

GMT

31

49.5300

XLON

672996284972956

13/12/2022

10:45:20

GMT

64

49.5200

XLON

672996284973028

13/12/2022

10:49:19

GMT

73

49.5200

XLON

672996284973366

13/12/2022

10:51:05

GMT

59

49.5100

XLON

672996284973516

13/12/2022

10:54:43

GMT

69

49.4800

XLON

672996284973764

13/12/2022

10:59:50

GMT

79

49.4700

XLON

672996284974242

13/12/2022

11:01:52

GMT

7

49.5100

XLON

672996284974364

13/12/2022

11:04:21

GMT

12

49.5200

XLON

672996284974584

13/12/2022

11:04:21

GMT

110

49.5200

XLON

672996284974585

13/12/2022

11:13:51

GMT

227

49.6700

XLON

672996284975335

13/12/2022

11:19:34

GMT

48

49.6500

XLON

672996284975656

13/12/2022

11:19:34

GMT

71

49.6500

XLON

672996284975657

13/12/2022

11:24:32

GMT

60

49.7100

XLON

672996284976025

13/12/2022

11:28:43

GMT

16

49.6800

XLON

672996284976317

13/12/2022

11:28:43

GMT

94

49.6800

XLON

672996284976318

13/12/2022

11:35:02

GMT

103

49.6300

XLON

672996284976719

13/12/2022

11:44:58

GMT

202

49.6500

XLON

672996284977259

13/12/2022

11:45:39

GMT

67

49.6400

XLON

672996284977294

13/12/2022

11:54:05

GMT

175

49.6200

XLON

672996284977808

13/12/2022

11:59:22

GMT

119

49.6300

XLON

672996284978144

13/12/2022

12:04:38

GMT

83

49.6100

XLON

672996284978632

13/12/2022

12:06:40

GMT

98

49.6200

XLON

672996284978768

13/12/2022

12:09:45

GMT

70

49.6300

XLON

672996284978922

13/12/2022

12:15:01

GMT

77

49.6300

XLON

672996284979243

13/12/2022

12:16:45

GMT

58

49.6100

XLON

672996284979352

13/12/2022

12:21:05

GMT

67

49.6100

XLON

672996284979534

13/12/2022

12:21:05

GMT

79

49.6200

XLON

672996284979530

13/12/2022

12:25:26

GMT

121

49.5900

XLON

672996284979843

13/12/2022

12:29:53

GMT

6

49.6300

XLON

672996284980069

13/12/2022

12:29:53

GMT

61

49.6300

XLON

672996284980068

13/12/2022

12:33:38

GMT

74

49.6500

XLON

672996284980241

13/12/2022

12:37:31

GMT

60

49.6500

XLON

672996284980416

13/12/2022

12:40:07

GMT

16

49.6300

XLON

672996284980548

13/12/2022

12:40:07

GMT

56

49.6300

XLON

672996284980547

13/12/2022

12:43:54

GMT

25

49.6300

XLON

672996284980790

13/12/2022

12:43:54

GMT

65

49.6300

XLON

672996284980789

13/12/2022

12:47:30

GMT

28

49.6300

XLON

672996284981046

13/12/2022

12:47:30

GMT

70

49.6300

XLON

672996284981047

13/12/2022

12:49:56

GMT

69

49.6200

XLON

672996284981228

13/12/2022

12:53:37

GMT

34

49.6000

XLON

672996284981599

13/12/2022

12:53:37

GMT

64

49.6000

XLON

672996284981598

13/12/2022

13:00:37

GMT

78

49.6500

XLON

672996284982203

13/12/2022

13:01:40

GMT

85

49.6500

XLON

672996284982278

13/12/2022

13:04:13

GMT

69

49.6400

XLON

672996284982515

13/12/2022

13:10:00

GMT

79

49.6600

XLON

672996284982911

13/12/2022

13:12:07

GMT

77

49.6500

XLON

672996284983029

13/12/2022

13:20:14

GMT

70

49.6400

XLON

672996284983694

13/12/2022

13:20:14

GMT

46

49.6500

XLON

672996284983691

13/12/2022

13:20:14

GMT

150

49.6500

XLON

672996284983692

13/12/2022

13:24:46

GMT

50

49.6300

XLON

672996284984225

13/12/2022

13:24:46

GMT

80

49.6300

XLON

672996284984226

13/12/2022

13:27:44

GMT

87

49.6300

XLON

672996284984839

13/12/2022

13:31:22

GMT

110

50.1000

XLON

672996284987363

13/12/2022

13:31:46

GMT

97

50.0600

XLON

672996284987786

13/12/2022

13:32:06

GMT

62

50.0000

XLON

672996284988318

13/12/2022

13:32:26

GMT

125

49.9700

XLON

672996284988652

13/12/2022

13:32:26

GMT

135

49.9700

XLON

672996284988653

13/12/2022

13:32:29

GMT

69

49.9300

XLON

672996284988699

13/12/2022

13:32:57

GMT

1

49.7800

XLON

672996284988950

13/12/2022

13:32:57

GMT

75

49.7800

XLON

672996284988949

13/12/2022

13:33:31

GMT

60

49.8100

XLON

672996284989175

13/12/2022

13:34:11

GMT

74

49.7900

XLON

672996284989365

13/12/2022

13:36:07

GMT

6

49.7500

XLON

672996284990137

13/12/2022

13:36:07

GMT

90

49.7500

XLON

672996284990136

13/12/2022

13:37:00

GMT

82

49.7500

XLON

672996284990412

13/12/2022

13:40:58

GMT

15

49.8700

XLON

672996284991476

13/12/2022

13:40:58

GMT

58

49.8700

XLON

672996284991475

13/12/2022

13:42:32

GMT

5

49.8600

XLON

672996284991971

13/12/2022

13:42:32

GMT

94

49.8600

XLON

672996284991972

13/12/2022

13:43:07

GMT

74

49.8500

XLON

672996284992095

13/12/2022

13:45:53

GMT

65

49.8800

XLON

672996284992787

13/12/2022

13:47:05

GMT

157

49.9500

XLON

672996284993135

13/12/2022

13:49:27

GMT

70

50.0400

XLON

672996284993668

13/12/2022

13:56:48

GMT

60

49.9900

XLON

672996284995358

13/12/2022

13:57:49

GMT

68

49.9800

XLON

672996284995506

13/12/2022

14:01:43

GMT

15

50.0400

XLON

672996284996255

13/12/2022

14:01:43

GMT

44

50.0400

XLON

672996284996254

13/12/2022

14:01:51

GMT

76

50.0000

XLON

672996284996283

13/12/2022

14:08:11

GMT

72

50.1600

XLON

672996284997427

13/12/2022

14:08:58

GMT

67

50.1400

XLON

672996284997507

13/12/2022

14:13:58

GMT

64

50.1800

XLON

672996284998392

13/12/2022

14:17:49

GMT

76

50.1600

XLON

672996284998857

13/12/2022

14:18:54

GMT

88

50.1600

XLON

672996284999103

13/12/2022

14:21:25

GMT

59

50.2000

XLON

672996284999599

13/12/2022

14:22:23

GMT

90

50.2000

XLON

672996284999885

13/12/2022

14:23:10

GMT

63

50.2000

XLON

672996285000014

13/12/2022

14:27:00

GMT

131

50.2000

XLON

672996285000572

13/12/2022

14:28:26

GMT

63

50.2000

XLON

672996285000848

13/12/2022

14:30:58

GMT

90

50.2400

XLON

672996285001885

13/12/2022

14:31:45

GMT

20

50.2000

XLON

672996285002131

13/12/2022

14:31:45

GMT

65

50.2000

XLON

672996285002133

13/12/2022

14:31:45

GMT

120

50.2000

XLON

672996285002132

13/12/2022

14:33:52

GMT

125

50.2200

XLON

672996285002823

13/12/2022

14:35:12

GMT

20

50.2200

XLON

672996285003287

13/12/2022

14:35:12

GMT

59

50.2200

XLON

672996285003286

13/12/2022

14:35:14

GMT

99

50.2200

XLON

672996285003313

13/12/2022

14:36:26

GMT

115

50.1600

XLON

672996285003543

13/12/2022

14:37:27

GMT

72

50.1600

XLON

672996285004086

13/12/2022

14:37:30

GMT

118

50.1400

XLON

672996285004125

13/12/2022

14:38:58

GMT

5

50.2000

XLON

672996285004707

13/12/2022

14:38:58

GMT

66

50.2000

XLON

672996285004708

13/12/2022

14:40:41

GMT

168

50.2200

XLON

672996285005263

13/12/2022

14:41:36

GMT

69

50.1800

XLON

672996285005494

13/12/2022

14:42:29

GMT

75

50.1400

XLON

672996285005732

13/12/2022

14:44:10

GMT

8

50.2200

XLON

672996285006485

13/12/2022

14:44:10

GMT

51

50.2200

XLON

672996285006484

13/12/2022

14:44:10

GMT

98

50.2200

XLON

672996285006486

13/12/2022

14:44:56

GMT

106

50.2000

XLON

672996285006876

13/12/2022

14:46:06

GMT

78

50.1800

XLON

672996285007318

13/12/2022

14:47:24

GMT

144

50.2200

XLON

672996285007914

13/12/2022

14:48:49

GMT

52

50.2200

XLON

672996285008209

13/12/2022

14:48:49

GMT

68

50.2200

XLON

672996285008210

13/12/2022

14:49:55

GMT

66

50.2000

XLON

672996285008443

13/12/2022

14:50:37

GMT

121

50.1800

XLON

672996285008674

13/12/2022

14:51:19

GMT

45

50.1000

XLON

672996285008927

13/12/2022

14:51:19

GMT

66

50.1000

XLON

672996285008926

13/12/2022

14:52:49

GMT

4

50.1400

XLON

672996285009399

13/12/2022

14:52:49

GMT

68

50.1400

XLON

672996285009400

13/12/2022

14:53:06

GMT

61

50.1200

XLON

672996285009469

13/12/2022

14:54:48

GMT

17

50.1000

XLON

672996285009779

13/12/2022

14:54:48

GMT

42

50.1000

XLON

672996285009780

13/12/2022

14:54:48

GMT

95

50.1000

XLON

672996285009778

13/12/2022

14:56:07

GMT

70

50.1000

XLON

672996285009998

13/12/2022

14:59:04

GMT

251

50.1200

XLON

672996285010450

13/12/2022

14:59:25

GMT

59

50.1000

XLON

672996285010559

13/12/2022

15:00:31

GMT

58

50.1200

XLON

672996285010936

13/12/2022

15:01:05

GMT

79

50.1200

XLON

672996285011100

13/12/2022

15:01:40

GMT

79

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SOURCE: InterContinental Hotels Group PLC



View source version on accesswire.com:
https://www.accesswire.com/731750/InterContinental-Hotels-Group-PLC-Announces-Transaction-in-Own-Shares-Dec-14

FAQ

What was the purpose of the IHG share buyback on December 13, 2022?

The share buyback aimed to enhance shareholder value and was authorized at the Annual General Meeting.

How many shares did IHG purchase on December 13, 2022?

IHG purchased 20,000 ordinary shares.

What were the price ranges for IHG's share buyback on December 13, 2022?

The shares were bought at an average price of £49.8153, with a highest price of £50.2400 and a lowest price of £49.4400.

What is the total number of IHG's ordinary shares after the December 13, 2022 buyback?

After the buyback, IHG has 175,129,706 ordinary shares in issue, excluding treasury shares.

Will IHG cancel the shares purchased on December 13, 2022?

Yes, the company intends to cancel the purchased shares.

InterContinental Hotels Group Plc

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