InterContinental Hotels Group PLC Announces Transaction in Own Shares - May 14
InterContinental Hotels Group (NYSE:IHG) reported a transaction in its own shares on the London Stock Exchange.
Sentiment and the balance of points
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Rhea-AI Summary
InterContinental Hotels Group (NYSE:IHG) reported a transaction in its own shares on the London Stock Exchange. On 13 May 2026, the company bought back 49,877 ordinary shares via Goldman Sachs International under its existing shareholder authority.
The purchase prices ranged from $149.35 to $150.90 per share. InterContinental Hotels Group intends to cancel the repurchased shares. After this transaction, the company has 149,807,269 ordinary shares in issue, excluding 5,431,782 shares held in treasury.
Positive
- Repurchased 49,877 ordinary shares on 13 May 2026 under existing authority
- Buyback price range between $149.35 and $150.90 per share
- Intends to cancel repurchased shares, which would lower outstanding share count
- Post-transaction share capital of 149,807,269 shares in issue, excluding 5,431,782 treasury shares
Negative
- None.
Details
News Market Reaction – IHG
On May 14, the day this news came out, IHG closed 0.16% below the previous close.
Data tracked by StockTitan Argus for the May 14 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LONDON, UK / ACCESS Newswire / May 14, 2026 / The Company announces that on 13 May 2026 it purchased the following number of its ordinary shares of 20340/399 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: | 13 May 2026 |
Aggregate number of ordinary shares purchased: | 49,877 |
Lowest price paid per share: | |
Highest price paid per share: | |
Average price paid per share: |
The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 149,807,269 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/2385E_1-2026-5-13.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
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