InterContinental Hotels Group PLC Announces Transaction in Own Shares - May 22

Rhea-AI Summary

InterContinental Hotels Group (IHG) bought back 40,000 ordinary shares on 21 May 2026 via Goldman Sachs International under its shareholder-approved authority.

The shares were repurchased at prices between $151.85 and $156.00, with an average of $153.4731, and the company intends to cancel them, leaving 149,587,985 shares in issue (plus 5,431,782 in treasury).

AI-generated analysis. Not financial advice.

Positive

• Repurchase of 40,000 shares at $153.47 average price
• Intention to cancel repurchased shares, reducing shares in issue
• Shares in issue now 149,587,985, excluding 5,431,782 treasury shares

Negative

• None.

LONDON, UK / ACCESS Newswire / May 22, 2026 / The Company announces that on 21 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:	21 May 2026
Aggregate number of ordinary shares purchased:	40,000
Lowest price paid per share:	$ 151.8500
Highest price paid per share:	$ 156.0000
Average price paid per share:	$ 153.4731

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 149,587,985 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/3568F_1-2026-5-21.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) announce on May 22, 2026?

InterContinental Hotels Group announced the repurchase of 40,000 ordinary shares on 21 May 2026. According to InterContinental Hotels Group, the buyback was executed via Goldman Sachs International under authority granted at the 8 May 2025 AGM.

At what prices did IHG repurchase shares on 21 May 2026?

IHG repurchased shares at prices between $151.85 and $156.00, averaging $153.4731 per share. According to InterContinental Hotels Group, these purchases were made on the London Stock Exchange as part of its ongoing share buyback instructions.

Will the repurchased IHG shares from May 21, 2026 be cancelled?

Yes, the company intends to cancel the 40,000 repurchased ordinary shares. According to InterContinental Hotels Group, cancellation of these shares will reduce the number of ordinary shares in issue, potentially supporting value per remaining share over time.

How many InterContinental Hotels Group (IHG) shares are in issue after the May 21, 2026 buyback?

After this transaction, IHG has 149,587,985 ordinary shares in issue, excluding treasury shares. According to InterContinental Hotels Group, it also holds 5,431,782 ordinary shares in treasury, which are not included in the shares in issue figure.

How might IHG’s May 2026 share buyback affect shareholders?

The buyback and planned cancellation slightly reduce the share count, which can benefit remaining holders. According to InterContinental Hotels Group, 40,000 shares were repurchased, so any impact on ownership percentages or per-share metrics will be modest but directionally supportive.