InterContinental Hotels Group PLC Announces Transaction in Own Shares - December 18

Rhea-AI Summary

InterContinental Hotels Group (IHG) has executed a share buyback transaction on December 17, 2024, through Goldman Sachs International on the London Stock Exchange. The company purchased 102,777 ordinary shares at prices ranging from £99.34 to £100.05 per share, with an average price of £99.74.

The purchase was distributed across multiple trading venues: 70,823 shares on London Stock Exchange, 5,845 shares on Cboe BXE, 22,865 shares on Cboe CXE, and 3,244 shares on Turquoise. Following this transaction, IHG has 158,760,172 ordinary shares in issue, excluding 6,241,782 shares held in treasury. The company intends to cancel the purchased shares.

LONDON, UNITED KINGDOM / ACCESSWIRE / December 18, 2024 / The Company announces that on 17 December 2024 it purchased the following number of its ordinary shares of 20^340/399 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 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February 2024.

Date of purchase:	17 December 2024
Aggregate number of ordinary shares purchased:	102,777
Lowest price paid per share:	£ 99.3400
Highest price paid per share:	£ 100.0500
Average price paid per share:	£ 99.7400

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 158,760,172 ordinary shares in issue (excluding 6,241,782 held in treasury).

A full breakdown of the individual purchases by GSI is included below.

http://www.rns-pdf.londonstockexchange.com/rns/4843Q_1-2024-12-17.pdf

Enquiries to:

InterContinental Hotels Group PLC:

Investor Relations: Stuart Ford (+44 (0)7823 828 739);
Joe Simpson (+44 (0)7976 862 072)
Media Relations: Mike Ward (+44 (0)7795 257 407)

Schedule of Purchases

Shares purchased: 102,777 (ISIN: GB00BHJYC057)

Date of purchases: 17 December 2024

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	70,823	5,845	22,865	3,244
Highest price paid (per ordinary share)	£ 100.0500	£ 100.0500	£ 100.0500	£ 100.0500
Lowest price paid (per ordinary share)	£ 99.3400	£ 99.3600	£ 99.3400	£ 99.4000
Volume weighted average price paid(per ordinary share)	£ 99.7371	£ 99.7634	£ 99.7392	£ 99.7671

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 accesswire.com

FAQ

How many shares did IHG purchase in its December 17, 2024 buyback?

IHG purchased 102,777 ordinary shares on December 17, 2024.

What was the price range for IHG's share buyback on December 17, 2024?

The shares were purchased at prices ranging from £99.34 to £100.05, with an average price of £99.74 per share.

How many shares does IHG have in issue after the December 17 buyback?

After the buyback, IHG has 158,760,172 ordinary shares in issue, excluding 6,241,782 shares held in treasury.

What is IHG planning to do with the shares purchased on December 17, 2024?

IHG intends to cancel the purchased shares.

How was IHG's share purchase distributed across trading venues?

The purchase was distributed across four venues: 70,823 shares on London Stock Exchange, 5,845 on Cboe BXE, 22,865 on Cboe CXE, and 3,244 on Turquoise.