InterContinental Hotels Group PLC Announces Transaction in Own Shares - May 28

Rhea-AI Summary

InterContinental Hotels Group (NYSE:IHG) reported a share repurchase on 27 May 2026 under its existing authority. Through Goldman Sachs International, the company bought 10,000 ordinary shares at an average price of $156.3929, with prices ranging from $154.6000 to $157.0000.

The company intends to cancel these shares. After this transaction, it has 149,547,985 ordinary shares in issue, excluding 5,431,782 shares held in treasury.

AI-generated analysis. Not financial advice.

Positive

• Repurchased 10,000 shares at an average price of $156.3929
• Share cancellation planned, reducing shares in issue post-transaction
• Shares in issue now 149,547,985, excluding 5,431,782 treasury shares

Negative

• None.

LONDON, UK / ACCESS Newswire / May 28, 2026 / The Company announces that on 27 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:	27 May 2026
Aggregate number of ordinary shares purchased:	10,000
Lowest price paid per share:	$ 154.6000
Highest price paid per share:	$ 157.0000
Average price paid per share:	$ 156.3929

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 149,547,985 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/9541F_1-2026-5-27.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 27 May 2026?

InterContinental Hotels Group repurchased 10,000 ordinary shares on 27 May 2026. According to InterContinental Hotels Group, the average price paid was $156.3929 per share, with a low of $154.6000 and a high of $157.0000.

At what prices did InterContinental Hotels Group (IHG) buy back shares on 27 May 2026?

IHG paid between $154.6000 and $157.0000 per share in its 27 May 2026 buyback. According to InterContinental Hotels Group, the average price for the 10,000 shares repurchased was $156.3929 per ordinary share.

How many InterContinental Hotels Group (IHG) shares remain in issue after the 27 May 2026 buyback?

Following the 27 May 2026 transaction, IHG has 149,547,985 ordinary shares in issue. According to InterContinental Hotels Group, this figure excludes 5,431,782 shares held in treasury that are not counted as part of the issued share capital.

Will the repurchased InterContinental Hotels Group (IHG) shares from 27 May 2026 be cancelled?

Yes, the company intends to cancel the 10,000 repurchased shares. According to InterContinental Hotels Group, cancelling these shares will reduce the number of ordinary shares in issue, separate from the 5,431,782 treasury shares held.

Which broker executed InterContinental Hotels Group’s (IHG) 27 May 2026 share buyback?

Goldman Sachs International executed IHG’s 27 May 2026 share repurchase on the London Stock Exchange. According to InterContinental Hotels Group, the broker bought 10,000 ordinary shares under instructions issued on 17 February 2026.