InterContinental Hotels Group PLC Announces Transaction in Own Shares - Aug 12
InterContinental Hotels Group PLC (IHG) has announced a share buyback transaction on August 9, 2024. The company purchased 44,774 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £72.12 to £73.08, with an average price of £72.6550 per share. This buyback is part of a program announced on February 20, 2024, and authorized by shareholders at the Annual General Meeting on May 3, 2024.
IHG intends to cancel the purchased shares. Following this transaction, the company has 160,019,543 ordinary shares in issue, excluding 7,006,782 held in treasury. The buyback demonstrates IHG's commitment to managing its capital structure and potentially enhancing shareholder value.
InterContinental Hotels Group PLC (IHG) ha annunciato un'operazione di riacquisto di azioni il 9 agosto 2024. L'azienda ha acquistato 44.774 azioni ordinarie tramite Goldman Sachs International sulla Borsa di Londra. Le azioni sono state acquistate a prezzi compresi tra £72.12 e £73.08, con un prezzo medio di £72.6550 per azione. Questo riacquisto fa parte di un programma annunciato il 20 febbraio 2024 e autorizzato dagli azionisti nell'Assemblea Generale Annuale del 3 maggio 2024.
IHG intende annullare le azioni acquistate. Dopo questa operazione, l'azienda ha 160.019.543 azioni ordinarie in circolazione, escluse le 7.006.782 detenute in tesoreria. Il riacquisto dimostra l'impegno di IHG nella gestione della propria struttura di capitale e potenzialmente nel migliorare il valore per gli azionisti.
InterContinental Hotels Group PLC (IHG) ha anunciado una operación de recompra de acciones el 9 de agosto de 2024. La compañía adquirió 44.774 acciones ordinarias a través de Goldman Sachs International en la Bolsa de Valores de Londres. Las acciones se compraron a precios que oscilaban entre £72.12 y £73.08, con un precio promedio de £72.6550 por acción. Esta recompra es parte de un programa anunciado el 20 de febrero de 2024 y autorizado por los accionistas en la Asamblea General Anual del 3 de mayo de 2024.
IHG tiene la intención de anular las acciones adquiridas. Tras esta operación, la compañía tiene 160.019.543 acciones ordinarias en circulación, excluyendo las 7.006.782 que posee en tesorería. La recompra demuestra el compromiso de IHG con la gestión de su estructura de capital y, potencialmente, el aumento del valor para los accionistas.
인터컨티넨탈 호텔 그룹 PLC (IHG)는 2024년 8월 9일 주식 매입 거래를 발표했습니다. 이 회사는 런던 증권 거래소에서 골드만 삭스를 통해 44,774주의 보통주를 매입했습니다. 주식은 £72.12에서 £73.08 사이의 가격으로 구매되었으며, 평균 가격은 £72.6550입니다. 이번 매입은 2024년 2월 20일 발표된 프로그램의 일환이며, 2024년 5월 3일 열린 정기 주주 총회에서 주주들이 승인했습니다.
IHG는 구매한 주식을 취소할 계획입니다. 이 거래 후, 회사는 7,006,782주가 자산으로 보유된 것을 제외하고 160,019,543주의 보통주를 발행합니다. 이번 매입은 IHG가 자본 구조를 관리하고 잠재적으로 주주 가치를 향상시키려는 의지를 보여줍니다.
InterContinental Hotels Group PLC (IHG) a annoncé une opération de rachat d'actions le 9 août 2024. L'entreprise a acquis 44.774 actions ordinaires par l'intermédiaire de Goldman Sachs International sur la Bourse de Londres. Les actions ont été achetées à des prix variant entre £72.12 et £73.08, avec un prix moyen de £72.6550 par action. Ce rachat fait partie d'un programme annoncé le 20 février 2024 et approuvé par les actionnaires lors de l'Assemblée Générale Annuelle du 3 mai 2024.
IHG prévoit de canceller les actions acquises. Suite à cette opération, l'entreprise compte 160.019.543 actions ordinaires en circulation, excluant les 7.006.782 détenues en trésorerie. Ce rachat démontre l'engagement d'IHG à gérer sa structure de capital et éventuellement à améliorer la valeur pour les actionnaires.
Die InterContinental Hotels Group PLC (IHG) hat am 9. August 2024 eine Aktienrückkauftransaktion angekündigt. Das Unternehmen hat über Goldman Sachs International an der Londoner Börse 44.774 Stammaktien erworben. Die Aktien wurden zu Preisen zwischen £72.12 und £73.08 gekauft, mit einem Durchschnittspreis von £72.6550 pro Aktie. Dieser Rückkauf ist Teil eines Programms, das am 20. Februar 2024 angekündigt und von den Aktionären auf der Jahreshauptversammlung am 3. Mai 2024 genehmigt wurde.
IHG beabsichtigt, die erworbenen Aktien zu annullieren. Nach dieser Transaktion hat das Unternehmen 160.019.543 Stammaktien im Umlauf, abzüglich der 7.006.782 Aktien, die im Portfolio gehalten werden. Der Rückkauf zeigt das Engagement von IHG für das Management seiner Kapitalstruktur und möglicherweise zur Steigerung des Shareholder-Values.
- Share buyback program implementation, potentially enhancing shareholder value
- Reduction in outstanding shares, which may increase earnings per share
- Outflow of cash for share repurchases, potentially reducing available funds for other investments or operations
InterContinental Hotels Group PLC (the Company)
Purchase of own shares
LONDON, UNITED KINGDOM / ACCESSWIRE / August 12, 2024 / The Company announces that on 09 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: | 09 August 2024 |
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Aggregate number of ordinary shares purchased: | 44,774 |
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Lowest price paid per share: | £ 72.1200 |
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Highest price paid per share: | £ 73.0800 |
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Average price paid per share: | £ 72.6550 |
The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 160,019,543 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/9793Z_1-2024-8-9.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: 44,774 (ISIN: GB00BHJYC057)
Date of purchases: 09 August 2024
Investment firm: GSI
Aggregated information:
| London Stock Exchange | Cboe BXE | Cboe CXE | Turquoise |
Number of ordinary shares purchased | 44,774 |
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Highest price paid (per ordinary share) | £ 73.0800 |
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Lowest price paid (per ordinary share) | £ 72.1200 |
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Volume weighted average price paid(per ordinary share) | £ 72.6550 |
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SOURCE: InterContinental Hotels Group PLC
View the original press release on accesswire.com
FAQ
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