InterContinental Hotels Group PLC Announces Transaction in Own Shares - June 02
Rhea-AI Summary
InterContinental Hotels Group (NYSE:IHG) repurchased 10,000 ordinary shares on 1 June 2026 via Goldman Sachs International on the London Stock Exchange.
Prices ranged from $152.20 to $155.75, with an average of $153.6524. The company intends to cancel these shares, leaving 149,487,985 shares in issue, excluding 5,431,782 held in treasury.
AI-generated analysis. Not financial advice.
Positive
- Repurchase of 10,000 ordinary shares on 1 June 2026
- Repurchased shares are intended to be cancelled, reducing shares in issue
- Shares in issue now total 149,487,985, excluding 5,431,782 treasury shares
- Buyback executed within a price range of $152.20–$155.75 per share, averaging $153.6524
Negative
- None.
News Market Reaction – ICHGF
On the day this news was published, ICHGF declined 1.04%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Purchase of own shares
LONDON, UK / ACCESS Newswire / June 2, 2026 / The Company announces that on 01 June 2026 it purchased the following number of its ordinary shares of 20340/399 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: | 01 June 2026 |
Aggregate number of ordinary shares purchased: | 10,000 |
Lowest price paid per share: | |
Highest price paid per share: | |
Average price paid per share: |
The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 149,487,985 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/5459G_1-2026-6-1.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