InterContinental Hotels Group PLC Announces Transaction in Own Shares - May 01

Rhea-AI Summary

InterContinental Hotels Group (LSE:IHG) announced a purchase of 23,445 ordinary shares on 30 April 2026 via Goldman Sachs International, at an average price of $143.7053 per share, with a lowest price of $141.35 and highest of $144.75. The company intends to cancel the purchased shares.

After the transaction the company has 149,979,095 ordinary shares in issue, excluding 5,431,782 held in treasury. The purchases were effected under authority granted at the AGM on 8 May 2025.

AI-generated analysis. Not financial advice.

Positive

• Share count reduction: 23,445 shares purchased and earmarked for cancellation
• EPS support: cancellation reduces shares outstanding, potentially improving EPS per share
• Buyback executed under AGM authority, showing active capital return policy

Negative

• Small scale: 23,445-share purchase is immaterial versus ~150 million shares outstanding
• Cash outflow: uses cash resources at an average price of $143.7053 per share

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InterContinental Hotels Group PLC (the "Company")

Purchase of own shares

LONDON, UK / ACCESS Newswire / May 1, 2026 / The Company announces that on 30 April 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:	30 April 2026
Aggregate number of ordinary shares purchased:	23,445
Lowest price paid per share:	$ 141.3500
Highest price paid per share:	$ 144.7500
Average price paid per share:	$ 143.7053

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 149,979,095 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/6887C_1-2026-4-30.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 did IHG (LSE:IHG) announce about its purchase of own shares on 30 April 2026?

IHG purchased 23,445 ordinary shares on 30 April 2026. According to the company, purchases were made via Goldman Sachs International at an average price of $143.7053 per share and the shares are intended for cancellation.

How many shares will IHG have after the April 30, 2026 repurchase (IHG)?

After the repurchase IHG has 149,979,095 ordinary shares in issue. According to the company, this figure excludes 5,431,782 shares held in treasury following the transaction.

What prices did IHG pay for its own shares on 30 April 2026 (IHG)?

IHG paid between $141.35 and $144.75 per share on 30 April 2026. According to the company, the aggregate average price paid was $143.7053 per share for the 23,445 shares.

Will IHG cancel the repurchased shares announced on 30 April 2026 (IHG)?

Yes, IHG intends to cancel the repurchased shares. According to the company, the purchased 23,445 ordinary shares are to be cancelled, which will reduce shares outstanding once completed.

Under what authority did IHG complete the 30 April 2026 buyback (IHG)?

The buyback was completed under authority granted at the company's AGM on 8 May 2025. According to the company, instructions for the purchase were issued on 17 February 2026 and executed via GSI.