InterContinental Hotels Group PLC Announces Transaction in Own Shares - May 15
Rhea-AI Summary
InterContinental Hotels Group (IHG) reported a share repurchase on 14 May 2026 executed via Goldman Sachs International on the London Stock Exchange.
The company bought 13,016 ordinary shares at an average price of $150.3882 and intends to cancel them, leaving 149,794,253 shares in issue, excluding 5,431,782 held in treasury.
AI-generated analysis. Not financial advice.
Positive
- Repurchase of 13,016 ordinary shares on 14 May 2026
- Average repurchase price of $150.3882 per share disclosed
- Intention to cancel repurchased shares reduces shares in issue to 149,794,253
Negative
- Cash resources used to fund repurchase of 13,016 shares
News Market Reaction – IHG
On the day this news was published, IHG declined 0.89%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
InterContinental Hotels Group PLC (the "Company")
Purchase of own shares
LONDON, UK / ACCESS Newswire / May 15, 2026 / The Company announces that on 14 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: | 14 May 2026 |
Aggregate number of ordinary shares purchased: | 13,016 |
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 149,794,253 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/4295E_1-2026-5-14.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