BuybackMay 29, 2026, 06:31 AM
InterContinental Hotels Group Buys Back 256,268 Shares in May
AI Summary
InterContinental Hotels Group PLC announced a series of daily share repurchases between May 15 and May 28, 2026. The company acquired a total of 256,268 ordinary shares through Goldman Sachs International on the London Stock Exchange, with prices ranging from $146.4500 to $158.7500 per share. These buybacks were authorized by shareholders at the Annual General Meeting on May 8, 2025, and the company plans to cancel the acquired shares, reducing the total ordinary shares in issue to 149,537,985.
Key Highlights
- InterContinental Hotels Group purchased 256,268 ordinary shares from May 15 to May 28, 2026.
- Shares were acquired through Goldman Sachs International on the London Stock Exchange.
- Purchase prices ranged from a low of $146.4500 to a high of $158.7500 per share.
- The company intends to cancel all repurchased shares.
- The buyback was conducted under authority granted at the May 8, 2025 Annual General Meeting.
- Following the transactions, 149,537,985 ordinary shares remain in issue (excluding treasury shares).
Price Impact
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