STOCK TITAN

InterContinental Hotels Group PLC Announces Transaction in Own Shares - July 09

(Neutral)
Tags

InterContinental Hotels Group (LSE:IHG) reported a purchase of its own shares on 8 July 2026. The company bought 40,000 ordinary shares via Goldman Sachs International at prices between $160.55 and $165.55, with an average price of $163.4423.

The company intends to cancel these shares. After this transaction, 148,735,326 ordinary shares are in issue, excluding 5,431,782 shares held in treasury.

Loading...
Loading translation...

Positive

  • 40,000 ordinary shares repurchased on 8 July 2026
  • Repurchased shares intended to be cancelled, reducing shares in issue to 148,735,326

Negative

  • None.

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

InterContinental Hotels Group PLC (the "Company")

Purchase of own shares

LONDON, UK / ACCESS Newswire / July 9, 2026 / The Company announces that on 08 July 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:

08 July 2026

Aggregate number of ordinary shares purchased:

40,000

Lowest price paid per share:

$ 160.5500

Highest price paid per share:

$ 165.5500

Average price paid per share:

$ 163.4423

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 148,735,326 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/5988L_1-2026-7-8.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 repurchase did InterContinental Hotels Group (IHG) complete on 8 July 2026?

InterContinental Hotels Group repurchased 40,000 of its own ordinary shares on 8 July 2026. According to the company, the transaction was executed on the London Stock Exchange under existing shareholder authority and forms part of its ongoing capital management activities.

At what price did IHG buy back shares on 8 July 2026?

IHG bought back shares at prices between $160.5500 and $165.5500 on 8 July 2026. According to the company, the average price paid per share was $163.4423, with Goldman Sachs International executing the purchases on its behalf.

How many InterContinental Hotels Group (IHG) shares are in issue after the 8 July 2026 buyback?

After the 8 July 2026 buyback, IHG has 148,735,326 ordinary shares in issue. According to the company, this figure excludes 5,431,782 shares held in treasury and reflects the cancellation of the 40,000 repurchased shares once completed.

Will the InterContinental Hotels Group (IHG) shares repurchased on 8 July 2026 be cancelled?

Yes, IHG intends to cancel the shares repurchased on 8 July 2026. According to the company, the 40,000 ordinary shares bought back will be removed from the number of shares in issue, excluding those held in treasury.

Who executed IHG's share repurchase on the London Stock Exchange on 8 July 2026?

Goldman Sachs International executed IHG's share repurchase on the London Stock Exchange on 8 July 2026. According to the company, these purchases were made under instructions issued on 17 February 2026 and approved by shareholders on 8 May 2025.

Under what authority did IHG conduct the 8 July 2026 share buyback?

IHG conducted the 8 July 2026 share buyback under authority granted at its 8 May 2025 AGM. According to the company, instructions for the programme were issued on 17 February 2026, enabling Goldman Sachs International to repurchase shares in the market.