InterContinental Hotels Group PLC Announces Transaction in Own Shares - July 24

Rhea-AI Summary

InterContinental Hotels Group (NYSE:IHG) reported that on 23 July 2026 it repurchased 1,000 ordinary shares via Goldman Sachs International on the London Stock Exchange, at prices between $152.45 and $154.65, with an average price of $153.3945. The company intends to cancel these shares, leaving 148,606,282 shares in issue, excluding 5,431,782 held in treasury.

Positive

• Share repurchase of 1,000 shares on 23 July 2026 via GSI
• Average repurchase price $153.3945 per share
• Company intends to cancel repurchased shares, reducing shares in issue
• Updated share count 148,606,282 in issue, excluding 5,431,782 treasury shares

Negative

• None.

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LONDON, UK / ACCESS Newswire / July 24, 2026 / The Company announces that on 23 July 2026 it purchased the following number of its ordinary shares of 20^340/399 pence 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 8 May 2025 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 17 February 2026, as announced on 17 February 2026.

Date of purchase:	23 July 2026
Aggregate number of ordinary shares purchased:	1,000
Lowest price paid per share:	$ 152.4500
Highest price paid per share:	$ 154.6500
Average price paid per share:	$ 153.3945

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 148,606,282 ordinary shares in issue (excluding 5,431,782 held in treasury).

A full breakdown of the individual purchases by GSI is included below.

http://www.rns-pdf.londonstockexchange.com/rns/6659N_1-2026-7-23.pdf

Enquiries to:

InterContinental Hotels Group PLC:

Investor Relations: Stuart Ford (+44 (0)7823 828 739); Kate Carpenter (+44 (0) 7825 655 702); Joe Simpson (+44 (0)7976 862 072)

Media Relations: Neil Maidment (+44 (0)7970 668 250); Mike Ward (+44 (0)7795 257 407)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: InterContinental Hotels Group PLC

View the original press release on ACCESS Newswire

FAQ

What share buyback did InterContinental Hotels Group (IHG) announce on 24 July 2026?

InterContinental Hotels Group announced it repurchased 1,000 ordinary shares on 23 July 2026. According to the company, the transaction was executed on the London Stock Exchange through Goldman Sachs International under previously granted shareholder authority and existing instructions issued on 17 February 2026.

At what prices did IHG (NYSE:IHG) repurchase shares on 23 July 2026?

IHG repurchased shares between a low of $152.45 and a high of $154.65. According to InterContinental Hotels Group, the average price paid per ordinary share in this transaction was $153.3945, as part of its ongoing buyback instructions to Goldman Sachs International.

How many InterContinental Hotels Group (IHG) shares remain in issue after the 23 July 2026 buyback?

After this buyback, IHG has 148,606,282 ordinary shares in issue. According to InterContinental Hotels Group, this figure excludes 5,431,782 ordinary shares held in treasury, which are not counted as part of the company’s voting share capital in the market.

What does IHG plan to do with the 1,000 shares repurchased on 23 July 2026?

IHG intends to cancel the 1,000 ordinary shares it repurchased on 23 July 2026. According to InterContinental Hotels Group, this cancellation will reduce the total number of ordinary shares in issue, separate from the 5,431,782 shares currently held in treasury.

Who executed the 23 July 2026 share repurchase for InterContinental Hotels Group (IHG)?

Goldman Sachs International executed the 1,000-share repurchase for IHG on 23 July 2026. According to InterContinental Hotels Group, the trades were carried out on the London Stock Exchange under instructions originally issued on 17 February 2026 and approved at the 8 May 2025 AGM.

How does the July 23, 2026 IHG share buyback affect treasury shares?

The July 23, 2026 buyback does not change IHG’s treasury share balance. According to InterContinental Hotels Group, it still holds 5,431,782 ordinary shares in treasury, while the 1,000 repurchased shares are intended for cancellation rather than treasury allocation.