Welcome to our dedicated page for Intercontinental news (Ticker: ICHGF), a resource for investors and traders seeking the latest updates and insights on Intercontinental stock.
The news feed for INTERCONTL HOTLS ORD NEW (ICHGF) focuses on developments related to InterContinental Hotels Group PLC and its IHG Hotels & Resorts business. As a global hospitality company with a large portfolio of hotel brands and the IHG One Rewards loyalty programme, IHG regularly issues updates that are relevant to investors tracking the hotels and lodging sector.
Recent communications highlight sustainability initiatives, such as the launch of the Low Carbon Pioneers programme. In this programme, IHG brings together energy efficient hotels that have no fossil fuels combusted on-site (other than limited backup generators) and are backed by renewable energy. News items describe how these hotels use high-efficiency heat pumps, fully electric kitchens, recognised sustainability or building certifications and IHG’s Green Engage environmental platform to track and manage energy data.
Filings and press releases also cover corporate actions and governance, including share repurchase activity, total voting rights announcements and board appointments. For example, IHG has reported multiple transactions in its own ordinary shares on the London Stock Exchange under AGM authority, as well as the appointment of a new Non-Executive Director to strengthen the Board’s expertise across finance, technology, sustainability and commercial property.
Investors following ICHGF can use this news stream to monitor how IHG advances its Journey to Tomorrow responsible business plan, manages its capital structure and responds to evolving guest and corporate client expectations around carbon reduction and hospitality offerings. Regular updates provide context for understanding the group’s strategic direction and operational priorities within the global hotel industry.
InterContinental Hotels Group PLC (IHG) announced that on July 1, 2024, it repurchased 42,003 of its ordinary shares through Goldman Sachs International (GSI) on the London Stock Exchange. The shares were bought at prices ranging from £80.7800 to £83.6400, with an average price of £81.7821 per share. This transaction was conducted in accordance with the authority granted by shareholders during the Annual General Meeting on May 3, 2024. Following this buyback, IHG intends to cancel the purchased shares, resulting in a total of 161,546,765 ordinary shares in issue, excluding 7,006,782 shares held in treasury. For further inquiries, contact Investor Relations: Stuart Ford (+44 7823 828 739), Aleksandar Milenkovic (+44 7469 905 720), or Joe Simpson (+44 7976 862 072). Media Relations contact: Mike Ward (+44 7795 257 407).
InterContinental Hotels Group PLC (IHG) announced the repurchase of 10,000 of its ordinary shares on June 27, 2024, through Goldman Sachs International (GSI) on the London Stock Exchange. Share prices during the transaction ranged from £82.84 to £83.36, with an average price of £83.0787. This repurchase follows the authorization granted at the Annual General Meeting on May 3, 2024, and instructions issued on February 20, 2024. The company intends to cancel the repurchased shares, reducing the total number of shares in issue to 161,598,768 (excluding 7,006,782 shares held in treasury). Detailed transaction data is available, reflecting various purchase timings and prices. Investors and media can reach out to Stuart Ford, Aleksandar Milenkovic, Joe Simpson, or Mike Ward for further inquiries.
On June 26, 2024, InterContinental Hotels Group PLC (IHG) announced the purchase of 18,399 of its ordinary shares at prices ranging from £82.68 to £83.86, with an average of £83.30 per share. The transaction, conducted on June 25, 2024, through Goldman Sachs International, followed instructions issued on February 20, 2024, and was authorized by shareholders during the Annual General Meeting on May 3, 2024. IHG intends to cancel the repurchased shares, reducing its number of shares in issue to 161,628,752, excluding 7,006,782 shares held in treasury. Detailed transaction data, including individual purchase times, prices, and trading venues, was disclosed in the announcement.
InterContinental Hotels Group PLC (IHG) announced the repurchase of 20,000 ordinary shares on June 21, 2024. The shares were acquired at prices ranging from £82.10 to £82.94, with an average price of £82.57 per share. This transaction was conducted through Goldman Sachs International on the London Stock Exchange, following authorization from shareholders at the Annual General Meeting on May 3, 2024. IHG plans to cancel these shares, reducing the number of shares in issue to 161,667,045 (excluding 7,006,782 held in treasury). This buyback is part of a strategy to return value to shareholders.
On June 21, 2024, InterContinental Hotels Group (IHG) announced the repurchase of 16,471 of its ordinary shares on June 20, 2024, through Goldman Sachs International. The shares were bought at an average price of £82.7845 per share, with prices ranging from £82.22 to £83.06. The repurchase was authorized during the Annual General Meeting held on May 3, 2024, and was part of a buyback program initiated on February 20, 2024. Following this transaction, IHG now has 161,687,045 ordinary shares outstanding, excluding 7,006,782 shares held in treasury. The company plans to cancel the repurchased shares. For more details, investors can contact Stuart Ford or Aleksandar Milenkovic from Investor Relations, and Mike Ward from Media Relations.
On June 17, 2024, InterContinental Hotels Group (IHG) purchased 1,000 of its ordinary shares at an average price of £81.7160 per share, with the lowest price being £81.1800 and the highest £82.7200. The transaction, executed through Goldman Sachs International on the London Stock Exchange, was authorized at the May 3, 2024 AGM. Following this buyback, IHG's total issued shares stand at 161,741,033, excluding 7,006,782 shares held in treasury. The company intends to cancel the purchased shares, potentially influencing the stock's supply and demand dynamics.
On June 13, 2024, InterContinental Hotels Group (IHG) announced the repurchase of 27,287 ordinary shares at an average price of £81.1077 per share. The transaction, conducted through Goldman Sachs International, took place on the London Stock Exchange on June 12, 2024, under authority granted by shareholders at the AGM on May 3, 2024. The highest price paid per share was £82.0600, and the lowest was £80.1000. The company plans to cancel the repurchased shares, reducing its total number of ordinary shares to 161,781,550, excluding 7,006,782 held in treasury.
InterContinental Hotels Group (IHG) announced the repurchase of 32,790 of its ordinary shares on June 10, 2024, through Goldman Sachs International. The shares were bought at prices ranging from £78.94 to £79.62, with an average price of £79.41 per share. This action follows the authority granted by shareholders at the Annual General Meeting on May 3, 2024. After this transaction, the total number of shares in issue is 161,838,683, excluding 7,006,782 shares held in treasury. The company intends to cancel the purchased shares.
InterContinental Hotels Group (IHG) announced the purchase of 40,000 of its ordinary shares on June 5, 2024, through Goldman Sachs International on the London Stock Exchange. This transaction was authorized by the shareholders at the AGM on May 3, 2024. The shares were bought at a lowest price of £79.84 and a highest price of £80.60, with an average price of £80.2614. Following this transaction, IHG intends to cancel the purchased shares, resulting in 161,970,741 ordinary shares in issue, excluding 7,006,782 shares held in treasury.
InterContinental Hotels Group (IHG) announced the purchase of 19,789 ordinary shares on June 3, 2024, at a price range of £78.96 to £80.46 per share, averaging £79.54. This action follows the authority granted at the Annual General Meeting on May 3, 2024, and the company's February 20, 2024, instructions. Post-transaction, IHG has 162,054,528 shares outstanding, excluding 7,006,782 treasury shares. The purchased shares will be canceled. The transaction was executed by Goldman Sachs International on the London Stock Exchange.