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InterContinental Hotels Group PLC Announces Transaction in Own Shares - May 29

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InterContinental Hotels Group (IHG) reported a share repurchase on 28 May 2026. The company bought 10,000 ordinary shares via Goldman Sachs International on the London Stock Exchange at an average price of $157.4833, within a range of $156.10–$158.75.

The company intends to cancel these shares, leaving 149,537,985 ordinary shares in issue, excluding 5,431,782 shares held in treasury.

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AI-generated analysis. Not financial advice.

Positive

  • Repurchase of 10,000 IHG shares on 28 May 2026
  • Average buyback price of $157.4833 per IHG share
  • Company intends to cancel repurchased shares, reducing shares in issue
  • Post-transaction share count of 149,537,985 (excluding 5,431,782 treasury shares)

Negative

  • None.

LONDON, UK / ACCESS Newswire / May 29, 2026 / The Company announces that on 28 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:

28 May 2026

Aggregate number of ordinary shares purchased:

10,000

Lowest price paid per share:

$ 156.1000

Highest price paid per share:

$ 158.7500

Average price paid per share:

$ 157.4833

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 149,537,985 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/1363G_1-2026-5-28.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) complete on 28 May 2026?

InterContinental Hotels Group repurchased 10,000 ordinary shares on 28 May 2026. According to the company, the transaction was executed via Goldman Sachs International on the London Stock Exchange under existing shareholder authority from the 8 May 2025 Annual General Meeting.

At what prices did IHG buy back shares on 28 May 2026?

IHG bought back shares at prices between $156.10 and $158.75 on 28 May 2026. According to the company, the average price paid per ordinary share in this buyback transaction was $157.4833.

What is InterContinental Hotels Group’s share count after the 28 May 2026 buyback?

After the 28 May 2026 share repurchase, IHG has 149,537,985 ordinary shares in issue. According to the company, this figure excludes 5,431,782 ordinary shares currently held in treasury following the announced transaction in own shares.

Will the repurchased IHG shares from 28 May 2026 be cancelled?

Yes, InterContinental Hotels Group intends to cancel the shares repurchased on 28 May 2026. According to the company, these 10,000 ordinary shares bought back via Goldman Sachs International will be removed from the total shares in issue once cancellation is completed.

How does the May 28, 2026 IHG (NYSE:IHG) buyback relate to shareholder authority?

The 28 May 2026 IHG buyback was carried out under authority granted at the 8 May 2025 AGM. According to the company, instructions for this purchase program were issued on 17 February 2026 and previously announced on the same date.