InterContinental Hotels Group PLC Announces Transaction in Own Shares

Rhea-AI Summary

InterContinental Hotels Group (IHG) reported a transaction in its own shares on 11 May 2026. The company repurchased 32,713 ordinary shares via Goldman Sachs International at prices between $148.1500 and $149.9000, with an average price of $148.9026.

The company intends to cancel these shares. After this transaction, IHG has 149,894,432 ordinary shares in issue, excluding 5,431,782 shares held in treasury.

AI-generated analysis. Not financial advice.

Positive

• Repurchase of 32,713 ordinary shares on 11 May 2026
• Average buyback price of $148.9026 per IHG share
• Company intends to cancel the repurchased shares
• Post-transaction shares in issue are 149,894,432 (excluding 5,431,782 treasury shares)

Negative

• None.

InterContinental Hotels Group PLC (the "Company")

Purchase of own shares

LONDON, UK / ACCESS Newswire / May 12, 2026 / The Company announces that on 11 May 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:	11 May 2026
Aggregate number of ordinary shares purchased:	32,713
Lowest price paid per share:	$ 148.1500
Highest price paid per share:	$ 149.9000
Average price paid per share:	$ 148.9026

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 149,894,432 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/8721D_1-2026-5-11.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 12 May 2026?

InterContinental Hotels Group announced it repurchased 32,713 ordinary shares on 11 May 2026. According to InterContinental Hotels Group, the buyback was executed via Goldman Sachs International under existing shareholder authority from the May 2025 annual general meeting.

At what prices did IHG repurchase its shares on 11 May 2026?

IHG repurchased shares at prices between $148.1500 and $149.9000, with an average of $148.9026. According to InterContinental Hotels Group, these prices applied to the 32,713 ordinary shares bought back on the London Stock Exchange that day.

Will the IHG shares repurchased on 11 May 2026 be cancelled?

Yes, the company intends to cancel all shares repurchased in this transaction. According to InterContinental Hotels Group, the 32,713 ordinary shares bought back via Goldman Sachs International are designated for cancellation rather than being held in treasury.

How many InterContinental Hotels Group (IHG) shares remain in issue after the 11 May 2026 buyback?

After the transaction, IHG has 149,894,432 ordinary shares in issue, excluding treasury stock. According to InterContinental Hotels Group, there are additionally 5,431,782 shares held in treasury that are not included in the shares-in-issue figure.

What does the May 2026 IHG share repurchase mean for shareholders?

The May 2026 repurchase reduces the number of IHG shares in issue by 32,713. According to InterContinental Hotels Group, these shares will be cancelled, which typically increases each remaining share’s proportional ownership in the company.