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 (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.
InterContinental Hotels Group PLC (IHG) announced the purchase of 39,491 ordinary shares on May 31, 2024, on the London Stock Exchange.
The shares were acquired at prices ranging from £77.5400 to £78.6400, with an average price of £78.3028 per share.
The transaction follows the authority granted by shareholders during the company's Annual General Meeting on May 3, 2024, and instructions issued on February 20, 2024.
Post-transaction, IHG has 162,074,317 ordinary shares in issue, excluding 7,006,782 held in treasury.
The company intends to cancel the purchased shares.
InterContinental Hotels Group PLC (IHG) announced the purchase of 39,315 of its ordinary shares on May 29, 2024. The transaction, conducted through Goldman Sachs International, follows shareholder authorization from the AGM held on May 3, 2024. The shares were bought on the London Stock Exchange at prices ranging from £76.80 to £78.24, with an average price of £77.27. The total number of shares now stands at 162,153,511, excluding 7,006,782 treasury shares. The company plans to cancel the purchased shares.
On May 29, 2024, InterContinental Hotels Group (IHG) announced the purchase of 37,503 of its ordinary shares at an average price of £78.4434 per share. The transaction, conducted through Goldman Sachs International (GSI) on May 28, 2024, follows the authority granted at the Annual General Meeting on May 3, 2024. The company intends to cancel the purchased shares, reducing the total number of shares in issue to 162,192,826, excluding 7,006,782 treasury shares.
InterContinental Hotels Group (IHG) announced the repurchase of 36,078 ordinary shares on May 23, 2024, through Goldman Sachs International, as part of a shareholder-approved buyback plan. The shares were bought at prices ranging from £78.70 to £79.50, with an average price of £79.059 per share. Post-transaction, IHG's total shares in issue stand at 162,270,185, excluding 7,006,782 treasury shares. The repurchased shares will be canceled, reducing the company's share count and potentially increasing shareholder value. This move follows a February 20, 2024, directive, reaffirmed at the May 3, 2024, Annual General Meeting.
InterContinental Hotels Group (IHG) announced the repurchase of 60,000 of its ordinary shares on May 22, 2024, through Goldman Sachs International. The shares were bought at prices ranging from £77.60 to £78.56, averaging £78.08 per share.
The buyback was conducted under the authority granted at the Annual General Meeting on May 3, 2024.
Following this transaction, IHG has a total of 162,306,263 ordinary shares in issue, excluding 7,006,782 shares held in treasury.
On 21 May 2024, InterContinental Hotels Group (IHG) announced the repurchase of 54,409 of its ordinary shares on the London Stock Exchange through Goldman Sachs International. The shares were bought at prices ranging from £78.30 to £79.52, with an average price of £78.95 per share. This repurchase was authorized by shareholders during the Annual General Meeting on 3 May 2024 and follows instructions issued on 20 February 2024. Post-transaction, IHG has 162,405,461 ordinary shares in circulation, excluding 7,006,782 shares held in treasury. The company intends to cancel the repurchased shares.
InterContinental Hotels Group PLC (IHG) announced the repurchase of 59,849 of its ordinary shares on the London Stock Exchange on May 17, 2024. The shares were bought at an average price of £78.0589 per share, with the lowest price being £77.92 and the highest at £78.28. This transaction follows the authority granted by shareholders during the company's Annual General Meeting on May 3, 2024. The repurchased shares will be canceled, bringing the total number of shares in issue to 162,459,870, excluding 7,006,782 treasury shares. The shares were bought through Goldman Sachs International. Detailed transaction data is available for review.