InterContinental Hotels Group PLC Announces Transaction in Own Shares - July 07

Rhea-AI Summary

InterContinental Hotels Group (NYSE:IHG) reported a purchase of its own shares on 06 July 2026 under an existing buyback instruction.

The company bought 40,000 ordinary shares via Goldman Sachs International at an average price of $165.4551 and intends to cancel them, leaving 148,815,326 shares in issue (excluding treasury shares).

Positive

• Repurchase of 40,000 shares at an average price of $165.4551
• Intention to cancel repurchased shares, reducing shares in issue
• Shares in issue now 148,815,326, excluding 5,431,782 treasury shares

Negative

• None.

News Market Reaction – ICHGF

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In the Jul 7 session, ICHGF declined 3.89%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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InterContinental Hotels Group PLC (the "Company")

Purchase of own shares

LONDON, UK / ACCESS Newswire / July 7, 2026 / The Company announces that on 06 July 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:	06 July 2026
Aggregate number of ordinary shares purchased:	40,000
Lowest price paid per share:	$ 164.1000
Highest price paid per share:	$ 167.8500
Average price paid per share:	$ 165.4551

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 148,815,326 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/2280L_1-2026-7-6.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 06 July 2026?

InterContinental Hotels Group repurchased 40,000 ordinary shares on 06 July 2026. According to InterContinental Hotels Group, the transaction was executed on the London Stock Exchange under a February 2026 instruction as part of its shareholder-approved share repurchase authority.

At what prices did InterContinental Hotels Group (IHG) buy back shares on 06 July 2026?

InterContinental Hotels Group paid between $164.10 and $167.85 per share on 06 July 2026. According to InterContinental Hotels Group, the average price for the 40,000 repurchased shares was $165.4551, executed through Goldman Sachs International.

How many InterContinental Hotels Group (IHG) shares remain in issue after the 06 July 2026 buyback?

After the 06 July 2026 share purchase, InterContinental Hotels Group has 148,815,326 shares in issue. According to InterContinental Hotels Group, this figure excludes 5,431,782 ordinary shares held in treasury following completion of the reported buyback transaction.

Will the repurchased InterContinental Hotels Group (IHG) shares from 06 July 2026 be cancelled?

InterContinental Hotels Group intends to cancel the shares repurchased on 06 July 2026. According to InterContinental Hotels Group, cancelling the 40,000 ordinary shares will reduce the number of shares in issue, while treasury shares remain unchanged.

Which broker executed InterContinental Hotels Group’s (IHG) 06 July 2026 share repurchase?

Goldman Sachs International executed InterContinental Hotels Group’s 06 July 2026 share buyback. According to InterContinental Hotels Group, all 40,000 ordinary shares were purchased on the London Stock Exchange under instructions first issued on 17 February 2026.

What does the July 2026 IHG share repurchase mean for existing shareholders?

The July 2026 buyback reduces InterContinental Hotels Group’s shares in issue once cancelled. According to InterContinental Hotels Group, 40,000 shares will be removed from circulation, which may increase each remaining share’s proportional claim on earnings and assets, all else being equal.