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

Rhea-AI Summary

InterContinental Hotels Group (IHG) repurchased 20,000 ordinary shares on 23 June 2026 via Goldman Sachs International under its shareholder-approved buyback authority.

According to the company, prices ranged from $167.70–$171.85, with an average of $169.9353. IHG intends to cancel these shares, leaving 149,203,876 shares in issue, excluding 5,431,782 treasury shares.

Positive

• Repurchase of 20,000 shares at an average price of $169.9353
• Company intends to cancel repurchased shares, reducing shares in issue
• Post-transaction shares in issue total 149,203,876 (excluding 5,431,782 treasury)

Negative

• None.

News Market Reaction – ICHGF

+5.60%

+5.60% News Effect

On the day this news was published, ICHGF gained 5.60%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

LONDON, UK / ACCESS Newswire / June 24, 2026 / The Company announces that on 23 June 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 June 2026
Aggregate number of ordinary shares purchased:	20,000
Lowest price paid per share:	$ 167.7000
Highest price paid per share:	$ 171.8500
Average price paid per share:	$ 169.9353

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 149,203,876 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/4673J_1-2026-6-23.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) complete on 23 June 2026?

InterContinental Hotels Group repurchased 20,000 ordinary shares on 23 June 2026. According to InterContinental Hotels Group, the buyback was executed through Goldman Sachs International under its existing shareholder authority and previously issued instructions from 17 February 2026.

At what prices did IHG repurchase shares on 23 June 2026?

IHG bought back shares between $167.70 and $171.85 on 23 June 2026. According to InterContinental Hotels Group, the average price paid per share was $169.9353, reflecting the aggregate pricing of that day’s 20,000-share repurchase.

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

After the 23 June 2026 transaction, IHG has 149,203,876 shares in issue. According to InterContinental Hotels Group, this figure excludes 5,431,782 shares held in treasury, which are not counted as part of the issued share capital.

What will InterContinental Hotels Group do with the 20,000 shares repurchased on 23 June 2026?

InterContinental Hotels Group intends to cancel the 20,000 repurchased shares. According to InterContinental Hotels Group, cancelling these shares will permanently remove them from circulation rather than holding them in treasury for potential future use.

Was the 23 June 2026 IHG share buyback part of a previously announced programme?

Yes, the 23 June 2026 IHG buyback followed instructions issued on 17 February 2026. According to InterContinental Hotels Group, these instructions were given under a buyback authority granted at the 8 May 2025 annual general meeting.