STOCK TITAN

InterContinental Hotels Group PLC Announces Transaction in Own Shares - July 08

(Neutral)
Tags

InterContinental Hotels Group (IHG) reported a purchase of its own ordinary shares on 7 July 2026 through Goldman Sachs International on the London Stock Exchange.

The company bought 40,000 shares at an average price of $165.7790 and intends to cancel them, leaving 148,775,326 shares in issue excluding treasury shares.

Loading...
Loading translation...

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

  • Repurchase of 40,000 ordinary shares on 7 July 2026
  • Average buyback price of $165.7790 per share
  • Plan to cancel repurchased shares, reducing shares in issue
  • Shares in issue now 148,775,326, excluding 5,431,782 in treasury

Negative

  • None.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

InterContinental Hotels Group PLC (the "Company")

Purchase of own shares

LONDON, UK / ACCESS Newswire / July 8, 2026 / The Company announces that on 07 July 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:

07 July 2026

Aggregate number of ordinary shares purchased:

40,000

Lowest price paid per share:

$ 164.1500

Highest price paid per share:

$ 166.9000

Average price paid per share:

$ 165.7790

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 148,775,326 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/3997L_1-2026-7-7.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 7 July 2026?

InterContinental Hotels Group completed a buyback of 40,000 ordinary shares on 7 July 2026. According to InterContinental Hotels Group, the purchase was executed via Goldman Sachs International on the London Stock Exchange under previously granted shareholder authority and February 2026 instructions.

At what prices did InterContinental Hotels Group (IHG) repurchase shares on 7 July 2026?

IHG repurchased shares between $164.1500 and $166.9000, with an average price of $165.7790. According to InterContinental Hotels Group, these prices applied to 40,000 ordinary shares bought on the London Stock Exchange through Goldman Sachs International.

How many InterContinental Hotels Group (IHG) shares remain in issue after the 7 July 2026 buyback?

After the transaction, IHG has 148,775,326 ordinary shares in issue, excluding treasury shares. According to InterContinental Hotels Group, there are also 5,431,782 shares held in treasury following the purchase and planned cancellation of the 40,000 repurchased shares.

What does InterContinental Hotels Group (IHG) plan to do with the 40,000 repurchased shares?

IHG intends to cancel the 40,000 ordinary shares it repurchased on 7 July 2026. According to InterContinental Hotels Group, this cancellation will reduce the total number of shares in issue, excluding treasury holdings, which stand at 148,775,326.

Under what authority was InterContinental Hotels Group’s (IHG) July 2026 share repurchase conducted?

The July 2026 share repurchase was conducted under authority granted at the 8 May 2025 AGM. According to InterContinental Hotels Group, the purchase followed instructions issued on 17 February 2026 and was executed by Goldman Sachs International on the London Stock Exchange.