InterContinental Hotels Group (NYSE: IHG) reports April 2026 London share buybacks
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
InterContinental Hotels Group PLC reported multiple share buybacks on the London Stock Exchange carried out by Goldman Sachs International under a shareholder authority granted at the 8 May 2025 Annual General Meeting. Between 2 April and 16 April 2026, the company repurchased several blocks of its ordinary shares, including 15,000 shares on 2 April at an average price of $132.2537 and 40,000 shares on 15 April at an average price of $141.9780.
The company intends to cancel all purchased shares, reducing the number of ordinary shares in issue. After the 16 April 2026 transaction, shares in issue stood at 150,174,953, excluding 5,431,782 shares held in treasury.
Positive
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Negative
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Key Figures
Shares repurchased 2 April 2026: 15,000 shares
Average price 2 April 2026: $132.2537 per share
Shares repurchased 7 April 2026: 10,000 shares
+5 more
8 metrics
Shares repurchased 2 April 2026
15,000 shares
Aggregate number of ordinary shares purchased on 2 April 2026
Average price 2 April 2026
$132.2537 per share
Average price paid for shares bought on 2 April 2026
Shares repurchased 7 April 2026
10,000 shares
Aggregate number of ordinary shares purchased on 7 April 2026
Average price 7 April 2026
$132.0486 per share
Average price paid for shares bought on 7 April 2026
Shares repurchased 15 April 2026
40,000 shares
Aggregate number of ordinary shares purchased on 15 April 2026
Average price 15 April 2026
$141.9780 per share
Average price paid for shares bought on 15 April 2026
Shares in issue after 16 April 2026
150,174,953 shares
Ordinary shares in issue excluding 5,431,782 held in treasury
Treasury shares
5,431,782 shares
Ordinary shares held in treasury after 16 April 2026
Key Terms
Purchase of own shares, ordinary shares, treasury, Annual General Meeting, +1 more
5 terms
treasury financial
"ordinary shares in issue (excluding 5,431,782 held in treasury)"
The treasury is the department or area within a government or organization responsible for managing its money, finances, and financial strategies. It handles tasks like collecting revenue, paying bills, and planning for future financial needs, much like a household manages its budget. For investors, understanding the treasury is important because it influences interest rates, government spending, and overall economic stability.
Annual General Meeting financial
"in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 8 May 2025"
Investor Relations financial
"Enquiries to InterContinental Hotels Group PLC Investor Relations: Stuart Ford"
Investor relations is the communication process between a company and its current or potential investors. It involves sharing information about the company's performance, strategies, and outlook to help investors make informed decisions. Effective investor relations build trust and transparency, similar to a clear conversation between a business and someone considering investing, ensuring both parties understand each other's interests and expectations.
FAQ
What did InterContinental Hotels Group (IHG) disclose in this 6-K?
InterContinental Hotels Group PLC disclosed a series of share buybacks executed in April 2026 on the London Stock Exchange and confirmed that all purchased shares are intended to be cancelled, reducing the number of ordinary shares in issue over that period.
Under what authority is InterContinental Hotels Group (IHG) conducting these buybacks?
The share repurchases are being conducted under an authority granted by shareholders at InterContinental Hotels Group PLC’s Annual General Meeting on 8 May 2025, with instructions for the programme issued on 17 February 2026 and executed via Goldman Sachs International.