STOCK TITAN

InterContinental Hotels Group PLC Announces Transaction in Own Shares - October 28

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

InterContinental Hotels Group (IHG) has announced a share buyback transaction conducted on October 25, 2024, through Goldman Sachs International on the London Stock Exchange. The company purchased 32,604 ordinary shares at prices ranging from £84.44 to £85.40 per share, with an average price of £84.9401.

The purchase was executed under shareholder authority granted at the May 3, 2024 Annual General Meeting, following instructions issued on February 20, 2024. IHG intends to cancel these purchased shares. Following this transaction, the company now has 158,986,840 ordinary shares in issue, excluding 6,956,782 shares held in treasury.

InterContinental Hotels Group (IHG) ha annunciato una transazione di riacquisto di azioni effettuata il 25 ottobre 2024, tramite Goldman Sachs International sulla Borsa di Londra. L'azienda ha acquistato 32.604 azioni ordinarie a prezzi compresi tra £84,44 e £85,40 per azione, con un prezzo medio di £84,9401.

Il acquisto è stato eseguito sotto l'autorità degli azionisti concessa nell'Assemblea Generale Annuale del 3 maggio 2024, seguendo istruzioni rilasciate il 20 febbraio 2024. IHG intende annullare queste azioni acquistate. A seguito di questa transazione, l'azienda ha ora 158.986.840 azioni ordinarie in circolazione, escluse 6.956.782 azioni detenute in tesoreria.

InterContinental Hotels Group (IHG) ha anunciado una operación de recompra de acciones realizada el 25 de octubre de 2024, a través de Goldman Sachs International en la Bolsa de Valores de Londres. La compañía adquirió 32,604 acciones ordinarias a precios que oscilan entre £84.44 y £85.40 por acción, con un precio promedio de £84.9401.

La compra se ejecutó bajo la autoridad de los accionistas otorgada en la Junta General Anual del 3 de mayo de 2024, siguiendo las instrucciones emitidas el 20 de febrero de 2024. IHG tiene la intención de cancelar estas acciones adquiridas. Tras esta transacción, la empresa tiene ahora 158,986,840 acciones ordinarias en circulación, excluyendo 6,956,782 acciones mantenidas en tesorería.

인터컨티넨탈 호텔 그룹 (IHG)은 2024년 10월 25일 골드만삭스 인터내셔널을 통해 런던 증권거래소에서 실시된 주식 환매 거래를 발표했습니다. 회사는 32,604주의 보통주를 주당 £84.44에서 £85.40 사이의 가격에 구매하였으며, 평균 가격은 £84.9401입니다.

이번 구매는 2024년 5월 3일 개최된 연례 총회에서 주주 권한에 따라 실행되었으며, 2024년 2월 20일에 발행된 지침을 따랐습니다. IHG는 구매한 주식을 취소할 계획입니다. 이번 거래 후, 회사의 발행주식 수는 158,986,840주로, 이 중 6,956,782주는 자사주로 보유되고 있습니다.

InterContinental Hotels Group (IHG) a annoncé une opération de rachat d’actions effectuée le 25 octobre 2024, via Goldman Sachs International sur la Bourse de Londres. La société a acheté 32,604 actions ordinaires à des prix variant de £84,44 à £85,40 par action, avec un prix moyen de £84,9401.

Ce rachat a été réalisé sous l’autorisation des actionnaires accordée lors de l’Assemblée Générale Annuelle du 3 mai 2024, suivant les instructions émises le 20 février 2024. IHG a l'intention d'annuler ces actions achetées. À la suite de cette opération, la société dispose désormais de 158,986,840 actions ordinaires en circulation, excluant 6,956,782 actions détenues en trésorerie.

InterContinental Hotels Group (IHG) hat am 25. Oktober 2024 eine Aktienrückkauftransaktion bekannt gegeben, die über Goldman Sachs International an der London Stock Exchange durchgeführt wurde. Das Unternehmen erwarb 32.604 Stammaktien zu Preisen zwischen £84,44 und £85,40 pro Aktie, mit einem Durchschnittspreis von £84,9401.

Der Kauf wurde unter der von den Aktionären bei der Hauptversammlung am 3. Mai 2024 erteilten Genehmigung durchgeführt, gemäß den am 20. Februar 2024 gegebenen Anweisungen. IHG beabsichtigt, diese gekauften Aktien einzuziehen. Nach dieser Transaktion hat das Unternehmen nun 158.986.840 Stammaktien im Umlauf, ohne die 6.956.782 Aktien, die sich im Treasury befinden.

Positive
  • None.
Negative
  • None.

LONDON, UNITED KINGDOM / ACCESSWIRE / October 28, 2024 / The Company announces that on 25 October 2024 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 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:

25 October 2024

Aggregate number of ordinary shares purchased:

32,604

Lowest price paid per share:

£ 84.4400

Highest price paid per share:

£ 85.4000

Average price paid per share:

£ 84.9401

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 158,986,840 ordinary shares in issue (excluding 6,956,782 held in treasury).

A full breakdown of the individual purchases by GSI is included below.

http://www.rns-pdf.londonstockexchange.com/rns/7617J_1-2024-10-25.pdf

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: 32,604 (ISIN: GB00BHJYC057)

Date of purchases: 25 October 2024

Investment firm: GSI

Aggregated information:

London Stock Exchange

Cboe BXE

Cboe CXE

Turquoise

Number of ordinary shares purchased

32,604

Highest price paid (per ordinary share)

£ 85.4000

Lowest price paid (per ordinary share)

£ 84.4400

Volume weighted average price paid (per ordinary share)

£ 84.9401

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 buy back on October 25, 2024?

IHG purchased 32,604 ordinary shares on October 25, 2024.

What was the average price paid per share in IHG's October 25 buyback?

The average price paid per share was £84.9401.

How many shares does IHG have in issue after the October 25 buyback?

Following the transaction, IHG has 158,986,840 ordinary shares in issue, excluding 6,956,782 held in treasury.

What was the price range for IHG's share buyback on October 25, 2024?

The shares were purchased at prices ranging from £84.44 (lowest) to £85.40 (highest) per share.

InterContinental Hotels Group Plc

NYSE:IHG

IHG Rankings

IHG Latest News

IHG Stock Data

17.95B
159.02M
0.01%
7.94%
0.33%
Lodging
Consumer Cyclical
Link
United States of America
Windsor