InterContinental Hotels Group PLC Announces Transaction in Own Shares - December 27

Rhea-AI Summary

InterContinental Hotels Group (IHG) has announced a share buyback transaction conducted on December 24, 2024, through Goldman Sachs International on the London Stock Exchange. The company purchased 2,981 ordinary shares at prices ranging from £99.84 to £100.30, with an average price of £100.0452 per share.

This purchase was executed under shareholder authority granted at the Company's Annual General Meeting on May 3, 2024, following instructions issued on February 20, 2024. IHG intends to cancel these purchased shares. Following the transaction, the company has 158,509,708 ordinary shares in issue (excluding 6,241,782 held in treasury).

LONDON, UK / ACCESSWIRE / December 27, 2024 / The Company announces that on 24 December 2024 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 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February 2024.

Date of purchase:	24 December 2024
Aggregate number of ordinary shares purchased:	2,981
Lowest price paid per share:	£ 99.8400
Highest price paid per share:	£ 100.3000
Average price paid per share:	£ 100.0452

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 158,509,708 ordinary shares in issue (excluding 6,241,782 held in treasury).

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

Enquiries to:

InterContinental Hotels Group PLC:

Investor Relations: Stuart Ford (+44 (0)7823 828 739); Joe Simpson (+44 (0)7976 862 072)

Media Relations: Mike Ward (+44 (0)7795 257 407)

Schedule of Purchases

Shares purchased: 2,981 (ISIN: GB00BHJYC057)

Date of purchases: 24 December 2024

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	2,981
Highest price paid (per ordinary share)	£ 100.3000
Lowest price paid (per ordinary share)	£ 99.8400
Volume weighted average price paid(per ordinary share)	£ 100.0452

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
24/12/2024	09:21:14	GMT	132	99.8800	XLON	1131904950601063
24/12/2024	09:21:14	GMT	121	99.8600	XLON	1131904950601065
24/12/2024	09:21:51	GMT	38	99.9200	XLON	1131904950601097
24/12/2024	09:24:35	GMT	40	99.9000	XLON	1131904950601166
24/12/2024	09:26:27	GMT	37	99.8800	XLON	1131904950601246
24/12/2024	09:43:10	GMT	63	99.8800	XLON	1131904950601975
24/12/2024	09:44:00	GMT	40	99.8600	XLON	1131904950602014
24/12/2024	09:44:04	GMT	46	99.8400	XLON	1131904950602036
24/12/2024	09:44:22	GMT	37	99.8600	XLON	1131904950602056
24/12/2024	09:51:11	GMT	44	100.0500	XLON	1131904950602255
24/12/2024	10:07:38	GMT	37	100.0000	XLON	1131904950602726
24/12/2024	10:07:38	GMT	24	99.9800	XLON	1131904950602732
24/12/2024	10:08:15	GMT	21	99.9800	XLON	1131904950602749
24/12/2024	10:09:14	GMT	43	99.9800	XLON	1131904950602793
24/12/2024	10:09:20	GMT	38	99.9600	XLON	1131904950602807
24/12/2024	10:09:20	GMT	3	99.9600	XLON	1131904950602808
24/12/2024	10:12:02	GMT	139	100.0000	XLON	1131904950602910
24/12/2024	10:12:02	GMT	40	99.9800	XLON	1131904950602915
24/12/2024	10:14:49	GMT	123	100.0000	XLON	1131904950603008
24/12/2024	10:14:49	GMT	2	100.0000	XLON	1131904950603009
24/12/2024	10:15:19	GMT	135	99.9800	XLON	1131904950603026
24/12/2024	10:15:19	GMT	46	99.9600	XLON	1131904950603028
24/12/2024	10:15:19	GMT	78	99.9400	XLON	1131904950603037
24/12/2024	10:15:19	GMT	31	99.9400	XLON	1131904950603038
24/12/2024	10:15:29	GMT	43	100.0000	XLON	1131904950603049
24/12/2024	10:15:29	GMT	27	100.0000	XLON	1131904950603050
24/12/2024	10:23:49	GMT	72	100.0500	XLON	1131904950603379
24/12/2024	10:52:16	GMT	99	100.2500	XLON	1131904950604868
24/12/2024	10:55:23	GMT	35	100.2500	XLON	1131904950604934
24/12/2024	10:55:23	GMT	17	100.2500	XLON	1131904950604935
24/12/2024	10:56:20	GMT	53	100.2500	XLON	1131904950604949
24/12/2024	11:00:09	GMT	100	100.2000	XLON	1131904950605154
24/12/2024	11:09:13	GMT	38	100.1500	XLON	1131904950605466
24/12/2024	11:09:13	GMT	2	100.1500	XLON	1131904950605467
24/12/2024	11:09:13	GMT	54	100.1500	XLON	1131904950605468
24/12/2024	11:10:57	GMT	51	100.3000	XLON	1131904950605506
24/12/2024	11:10:57	GMT	32	100.3000	XLON	1131904950605507
24/12/2024	11:11:28	GMT	81	100.2500	XLON	1131904950605580
24/12/2024	11:20:54	GMT	62	100.2000	XLON	1131904950605872
24/12/2024	11:22:52	GMT	18	100.1500	XLON	1131904950605943
24/12/2024	11:22:52	GMT	36	100.1500	XLON	1131904950605944
24/12/2024	11:26:22	GMT	1	100.1000	XLON	1131904950605998
24/12/2024	11:26:22	GMT	49	100.1000	XLON	1131904950605999
24/12/2024	11:46:22	GMT	84	100.1000	XLON	1131904950606427
24/12/2024	11:47:34	GMT	104	100.1000	XLON	1131904950606529
24/12/2024	11:51:06	GMT	102	100.1000	XLON	1131904950606639
24/12/2024	11:51:30	GMT	11	100.0500	XLON	1131904950606642
24/12/2024	11:51:30	GMT	65	100.0500	XLON	1131904950606643
24/12/2024	11:56:55	GMT	71	100.0000	XLON	1131904950606850
24/12/2024	11:56:55	GMT	77	99.9800	XLON	1131904950606853
24/12/2024	12:01:18	GMT	50	100.0500	XLON	1131904950607044
24/12/2024	12:03:15	GMT	10	100.0000	XLON	1131904950607145
24/12/2024	12:04:19	GMT	28	100.0000	XLON	1131904950607246
24/12/2024	12:33:16	GMT	37	100.1500	XLON	1131904950608552
24/12/2024	12:51:54	GMT	30	100.2000	XLON	1131904950609548
24/12/2024	12:51:54	GMT	7	100.2000	XLON	1131904950609549
24/12/2024	12:58:55	GMT	28	100.2000	XLON	1131904950609873
24/12/2024	12:58:55	GMT	6	100.2000	XLON	1131904950609874
24/12/2024	12:58:55	GMT	1	100.2000	XLON	1131904950609875
24/12/2024	12:58:56	GMT	4	100.2000	XLON	1131904950609876
24/12/2024	13:08:06	GMT	38	100.1000	XLON	1131904950610451

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 accesswire.com

FAQ

How many shares did IHG purchase in its December 24, 2024 buyback?

IHG purchased 2,981 ordinary shares on December 24, 2024.

What was the price range for IHG's share buyback on December 24, 2024?

The shares were purchased at prices ranging from £99.84 to £100.30, with a volume-weighted average price of £100.0452.

What will IHG do with the shares purchased in this buyback?

IHG has stated it intends to cancel the purchased shares.

How many ordinary shares does IHG have in issue after this transaction?

After the transaction, IHG has 158,509,708 ordinary shares in issue, excluding 6,241,782 shares held in treasury.

When was the share buyback authority granted to IHG?

The share buyback authority was granted by shareholders at IHG's Annual General Meeting on May 3, 2024.

Which investment firm executed the share buyback for IHG?

Goldman Sachs International (GSI) executed the share buyback for IHG on the London Stock Exchange.