InterContinental Hotels Group PLC Announces Transaction in Own Shares - Aug 14
InterContinental Hotels Group PLC (IHG) has announced a share buyback transaction conducted on August 13, 2024. The company purchased 59,552 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £71.64 to £72.82, with an average price of £72.3469 per share.
This purchase is part of a previously announced share buyback program and was executed in accordance with shareholder authority granted at the Annual General Meeting on May 3, 2024. Following this transaction, IHG has 159,868,068 ordinary shares in issue, excluding 7,006,782 held in treasury. The company intends to cancel the purchased shares.
InterContinental Hotels Group PLC (IHG) ha annunciato una transazione di riacquisto di azioni effettuata il 13 agosto 2024. La società ha acquistato 59.552 azioni ordinarie tramite Goldman Sachs International sulla Borsa di Londra. Le azioni sono state comprate a prezzi variabili tra £71,64 e £72,82, con un prezzo medio di £72,3469 per azione.
Questo acquisto fa parte di un programma di riacquisto di azioni precedentemente annunciato ed è stato eseguito in conformità all'autorizzazione degli azionisti concessa durante l'Assemblea Generale Annuale del 3 maggio 2024. A seguito di questa transazione, IHG ha 159.868.068 azioni ordinarie in circolazione, escluse le 7.006.782 detenute in tesoreria. La società intende cancellare le azioni acquistate.
InterContinental Hotels Group PLC (IHG) ha anunciado una transacción de recompra de acciones realizada el 13 de agosto de 2024. La empresa compró 59,552 acciones ordinarias a través de Goldman Sachs International en la Bolsa de Valores de Londres. Las acciones se compraron a precios que oscilaron entre £71.64 y £72.82, con un precio promedio de £72.3469 por acción.
Esta compra forma parte de un programa de recompra de acciones previamente anunciado y se ejecutó de acuerdo con la autoridad otorgada a los accionistas en la Junta General Anual del 3 de mayo de 2024. Tras esta transacción, IHG tiene 159,868,068 acciones ordinarias emitidas, excluyendo 7,006,782 que se mantienen en tesorería. La empresa tiene la intención de cancelar las acciones compradas.
인터컨티넨탈 호텔 그룹 PLC (IHG)는 2024년 8월 13일에 실시된 자사주 매입 거래를 발표했습니다. 회사는 런던 증권 거래소를 통해 골드만삭스 인터내셔널을 통해 59,552주 보통주를 매입했습니다. 주가는 £71.64에서 £72.82 사이에서 매입되었으며, 평균 매입가는 £72.3469입니다.
이번 매입은 이전에 발표된 자사주 매입 프로그램의 일환이며, 2024년 5월 3일의 연례 총회에서 주주들에게 부여된 권한에 따라 실행되었습니다. 이 거래 이후, IHG에는 159,868,068주 보통주가 발행되어 있으며, 이 중 7,006,782주는 자산으로 보유하고 있습니다. 회사는 구매한 주식을 취소할 계획입니다.
InterContinental Hotels Group PLC (IHG) a annoncé une opération de rachat d'actions effectuée le 13 août 2024. L'entreprise a acheté 59 552 actions ordinaires via Goldman Sachs International sur la Bourse de Londres. Les actions ont été achetées à des prix variant de 71,64 £ à 72,82 £, avec un prix moyen de 72,3469 £ par action.
Cet achat fait partie d'un programme de rachat d'actions annoncé précédemment et a été réalisé conformément à l'autorité accordée aux actionnaires lors de l'Assemblée Générale Annuelle du 3 mai 2024. Suite à cette transaction, IHG compte 159 868 068 actions ordinaires en circulation, excluant 7 006 782 actions détenues en réserve. L'entreprise a l'intention de annuler les actions rachetées.
Die InterContinental Hotels Group PLC (IHG) hat eine Aktienrückkaufftransaktion bekannt gegeben, die am 13. August 2024 durchgeführt wurde. Das Unternehmen hat 59.552 Stammaktien über Goldman Sachs International an der Londoner Börse erworben. Die Aktien wurden zu Preisen zwischen £71,64 und £72,82 gekauft, mit einem Durchschnittspreis von £72,3469 pro Aktie.
Dieser Kauf ist Teil eines zuvor angekündigten Aktienrückkaufprogramms und wurde gemäß den von den Aktionären erteilten Befugnissen auf der Hauptversammlung am 3. Mai 2024 ausgeführt. Nach dieser Transaktion hat IHG 159.868.068 Stammaktien im Umlauf, abzüglich der 7.006.782, die im Schatz gehalten werden. Das Unternehmen beabsichtigt, die erworbenen Aktien zu stornieren.
- Share buyback program demonstrates confidence in company's financial position
- Reduction in outstanding shares potentially increases earnings per share for remaining shareholders
- Expenditure of approximately £4.3 million on share repurchases
Purchase of own shares
LONDON, UK / ACCESSWIRE / August 14, 2024 / The Company announces that on 13 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: | 13 August 2024 |
|
|
Aggregate number of ordinary shares purchased: | 59,552 |
|
|
Lowest price paid per share: | £ 71.6400 |
|
|
Highest price paid per share: | £ 72.8200 |
|
|
Average price paid per share: | £ 72.3469 |
The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 159,868,068 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/3316A_1-2024-8-13.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: 59,552 (ISIN: GB00BHJYC057)
Date of purchases: 13 August 2024
Investment firm: GSI
Aggregated information:
| London Stock Exchange | Cboe BXE | Cboe CXE | Turquoise |
Number of ordinary shares purchased | 59,552 |
|
|
|
Highest price paid (per ordinary share) | £ 72.8200 |
|
|
|
Lowest price paid (per ordinary share) | £ 71.6400 |
|
|
|
Volume weighted average price paid(per ordinary share) | £ 72.3469 |
|
|
|
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 recent buyback transaction?
What was the average price paid per share in IHG's recent buyback?
How many ordinary shares does IHG have in issue after the recent buyback?
What does IHG plan to do with the shares purchased in the buyback?
