StockWatch
·
Hotels/Resorts
BuybackAug 7, 2026, 07:07 AM

InterContinental Hotels Group PLC Buys Back 24,138 Shares

AI Summary

InterContinental Hotels Group PLC announced a series of share repurchases between July 24 and August 6, 2026, acquiring a total of 24,138 ordinary shares. These transactions were executed through Goldman Sachs International on the London Stock Exchange, as part of a buyback program authorized by shareholders in May 2025 and initiated in February 2026. The company plans to cancel all purchased shares, which has reduced the total number of ordinary shares in issue to 148,582,144.

Key Highlights

  • InterContinental Hotels Group PLC purchased a total of 24,138 ordinary shares between July 24 and August 6, 2026.
  • The shares were bought through Goldman Sachs International on the London Stock Exchange.
  • Purchases were made under the authority granted by shareholders at the AGM on May 8, 2025.
  • The buyback program was initiated based on instructions issued on February 17, 2026.
  • The company intends to cancel all purchased shares.
  • Following the latest transaction on August 6, 2026, 148,582,144 ordinary shares remain in issue (excluding treasury shares).
  • Average prices paid per share ranged from $154.2605 (July 24) to $162.0284 (July 30).