STOCK TITAN

InterContinental Hotels Group PLC Announces Transaction in Own Shares - May 11

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

InterContinental Hotels Group (NYSE:IHG) reported a purchase of its own ordinary shares on 8 May 2026 via Goldman Sachs International on the London Stock Exchange.

The company bought 28,281 shares at an average price of $149.8330 and intends to cancel them, leaving 149,927,145 shares in issue (excluding 5,431,782 in treasury).

Loading...
Loading translation...

AI-generated analysis. Not financial advice.

Positive

  • Repurchase of 28,281 shares at an average price of $149.8330
  • Intention to cancel repurchased shares, reducing shares in issue
  • Post-transaction share count of 149,927,145 ordinary shares in issue

Negative

  • None.

News Market Reaction – IHG

-0.93%
1 alert
-0.93% News Effect

On the day this news was published, IHG declined 0.93%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Purchase of own shares

LONDON, UK / ACCESS Newswire / May 11, 2026 / InterContinental Hotels Group PLC (the "Company") (NYSE:IHG)(LSE:IHG)(OTC PINK:ICHGF)

The Company announces that on 08 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:

08 May 2026

Aggregate number of ordinary shares purchased:

28,281

Lowest price paid per share:

$ 148.5500

Highest price paid per share:

$ 151.0000

Average price paid per share:

$ 149.8330

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 149,927,145 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/6802D_1-2026-5-8.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) announce on 11 May 2026?

InterContinental Hotels Group announced it repurchased 28,281 ordinary shares on 8 May 2026. According to the company, the shares were bought on the London Stock Exchange under shareholder authority granted at the 8 May 2025 Annual General Meeting.

At what prices did IHG repurchase its own shares on 8 May 2026?

IHG repurchased shares at prices between $148.55 and $151.00, with an average of $149.8330. According to the company, these prices applied to 28,281 ordinary shares bought through Goldman Sachs International.

What will happen to the 28,281 IHG shares repurchased on 8 May 2026?

The 28,281 repurchased IHG shares are intended to be cancelled. According to the company, cancellation will reduce the number of ordinary shares in issue, excluding those already held in treasury.

How many InterContinental Hotels Group (IHG) shares remain in issue after the 8 May 2026 buyback?

After the transaction, IHG has 149,927,145 ordinary shares in issue, excluding treasury shares. According to the company, there are also 5,431,782 shares held in treasury following this purchase and intended cancellation.

Which broker executed IHG's 8 May 2026 share repurchase on the London Stock Exchange?

Goldman Sachs International executed the share repurchase for IHG on 8 May 2026. According to the company, the trades were carried out on the London Stock Exchange under previously issued instructions dated 17 February 2026.