BuybackJun 12, 2026, 06:47 AM
InterContinental Hotels Group Buys Back 174,109 Shares
AI Summary
InterContinental Hotels Group PLC announced a series of daily share repurchases from May 29 to June 11, 2026, totaling 174,109 ordinary shares. These buybacks were executed through Goldman Sachs International on the London Stock Exchange, under the authority granted by shareholders at the May 2025 Annual General Meeting and pursuant to instructions issued in February 2026. The company intends to cancel all purchased shares, reducing the total number of ordinary shares in issue to 149,363,876 (excluding treasury shares).
Key Highlights
- InterContinental Hotels Group repurchased 174,109 ordinary shares from May 29 to June 11, 2026.
- Shares were bought through Goldman Sachs International on the London Stock Exchange.
- Purchases were authorized by shareholders at the May 8, 2025, Annual General Meeting.
- The company intends to cancel all repurchased shares.
- Total ordinary shares in issue now stand at 149,363,876, excluding 5,431,782 held in treasury.
- Average price paid per share ranged from $153.6524 on June 1 to $163.5947 on June 9.
- The largest single daily purchase was 40,000 shares on May 29, 2026.
- The latest purchase on June 11, 2026, involved 20,000 shares at an average price of $162.7636.
Price Impact
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