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.
InterContinental Hotels Group PLC reports news tied to IHG Hotels & Resorts, a global hospitality company with a family of hotel brands, the IHG One Rewards loyalty programme, and a development pipeline across multiple countries. Company updates commonly address hotel openings and signings, brand activity, regional demand trends, and operating measures used in the lodging industry.
IHG news also covers sustainability initiatives across its hotel estate, including the Low Carbon Pioneers programme for energy-efficient hotels backed by renewable energy. Related updates describe operational carbon-reduction measures such as heat pumps, electric kitchens, recognized sustainability certifications, and the Green Engage environmental platform.
InterContinental Hotels Group PLC (IHG) announced the purchase of 38,484 ordinary shares on September 10, 2024, through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £75.84 to £77.02, with an average price of £76.5254 per share. This transaction was conducted as part of the company's share repurchase program, authorized by shareholders at the Annual General Meeting on May 3, 2024.
Following this purchase, IHG now has 159,589,240 ordinary shares in issue, excluding 6,956,782 shares held in treasury. The company intends to cancel the purchased shares. This move is likely part of IHG's strategy to manage its capital structure and potentially increase shareholder value.
InterContinental Hotels Group PLC announced on September 6, 2024, that it purchased 17,937 ordinary shares on September 5, 2024, through Goldman Sachs International on the London Stock Exchange. The purchase followed shareholder authority granted on May 3, 2024. The lowest price paid per share was £74.62, the highest was £75.66, and the average price was £75.19. The company plans to cancel these shares. After this transaction, IHG has 159,634,408 ordinary shares in issue, excluding 7,006,782 held in treasury. Detailed transactions were conducted between 10:04:03 BST and 17:24:31 BST on the same day. For further enquiries, contact Investor Relations: Stuart Ford (+44 7823 828 739), Aleksandar Milenkovic (+44 7469 905 720), Joe Simpson (+44 7976 862 072); Media Relations: Mike Ward (+44 7795 257 407).
InterContinental Hotels Group PLC (IHG) has announced a share buyback transaction on September 3, 2024. The company purchased 20,000 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £75.76 to £77.42, with an average price of £76.2660 per share.
This purchase was made in accordance with shareholder authorization granted at the Annual General Meeting on May 3, 2024, and follows instructions issued by IHG on February 20, 2024. The company intends to cancel the purchased shares. After this transaction, IHG has 159,667,914 ordinary shares in issue, excluding 7,006,782 held in treasury.
InterContinental Hotels Group PLC (IHG) announced a share buyback transaction on September 2, 2024. The company purchased 40,554 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £75.60 to £76.88, with an average price of £76.34 per share.
This purchase was made in accordance with shareholder authority granted at the Annual General Meeting on May 3, 2024, and follows instructions issued by IHG on February 20, 2024. The company intends to cancel the purchased shares. After this transaction, IHG has 159,687,914 ordinary shares in issue, excluding 7,006,782 held in treasury.
The buyback demonstrates IHG's commitment to managing its capital structure and potentially enhancing shareholder value. Investors should note that such actions may impact the company's stock price and financial position.
InterContinental Hotels Group PLC (IHG) announced the purchase of 10,000 of its ordinary shares on August 28, 2024, through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £75.0600 to £75.6000, with an average price of £75.4063 per share. This transaction was conducted in accordance with shareholder authorization granted at the Company's Annual General Meeting on May 3, 2024.
Following this purchase, IHG has 159,728,468 ordinary shares in issue (excluding 7,006,782 held in treasury). The company intends to cancel the purchased shares. This share buyback is part of IHG's ongoing capital management strategy.
InterContinental Hotels Group PLC (IHG) announced the purchase of 10,000 of its ordinary shares on August 22, 2024, through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £74.38 to £75.00, with an average price of £74.6549 per share. This transaction was executed under the authority granted by shareholders at the Company's Annual General Meeting on May 3, 2024. Following this purchase, IHG has 159,758,468 ordinary shares in issue (excluding 7,006,782 held in treasury). The company intends to cancel the purchased shares.
On August 21, 2024, InterContinental Hotels Group PLC (IHG) purchased 10,000 ordinary shares at prices ranging from £74.3600 to £75.0200, averaging £74.7375 per share, through Goldman Sachs International on the London Stock Exchange. This buyback follows authorizations granted at the Company’s Annual General Meeting on May 3, 2024. Post-purchase, the company will cancel these shares, reducing its share count to 159,768,468 ordinary shares, excluding 7,006,782 in treasury.
InterContinental Hotels Group PLC (IHG) announced a share buyback on August 20, 2024.
On August 19, 2024, IHG repurchased 10,000 ordinary shares at an average price of £74.5811 per share through Goldman Sachs International on the London Stock Exchange.
Details include:
- Lowest price: £74.0600
- Highest price: £74.9800
These shares will be canceled, reducing the total outstanding shares to 159,788,468, excluding 7,006,782 shares held in treasury.
The repurchase followed shareholder approval at the Annual General Meeting on May 3, 2024 and instructions issued on February 20, 2024.
For more information, contact Investor Relations: Stuart Ford (+44 (0)7823 828 739); Aleksandar Milenkovic (+44 (0)7469 905 720); Joe Simpson (+44 (0)7976 862 072) or Media Relations: Mike Ward (+44 (0)7795 257 407).
InterContinental Hotels Group PLC (IHG) announced a share buyback transaction on August 15, 2024. The company purchased 39,943 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £73.12 to £75.00, with an average price of £74.3444 per share.
This purchase was made in accordance with shareholder authorization granted at the Annual General Meeting on May 3, 2024, and follows instructions issued by the company on February 20, 2024. IHG intends to cancel the purchased shares. After this transaction, the company has 159,808,468 ordinary shares in issue, excluding 7,006,782 held in treasury.
InterContinental Hotels Group PLC (IHG) has announced a share buyback transaction conducted on August 13, 2024. The company purchased 59,552 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £71.64 to £72.82, with an average price of £72.3469 per share.
This purchase is part of a previously announced share buyback program and was executed in accordance with shareholder authority granted at the Annual General Meeting on May 3, 2024. Following this transaction, IHG has 159,868,068 ordinary shares in issue, excluding 7,006,782 held in treasury. The company intends to cancel the purchased shares.