InterContinental Hotels Group PLC Announces Transaction in Own Shares - May 9
InterContinental Hotels Group PLC announced the purchase of its own shares on May 9, 2024.
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Rhea-AI Summary
InterContinental Hotels Group PLC announced the purchase of its own shares on May 9, 2024. The Company bought 34,204 ordinary shares at prices ranging from £78.7200 to £80.1200 per share through Goldman Sachs International. The purchase was made in accordance with the authority granted by shareholders at the Annual General Meeting on May 3, 2024. The Company intends to cancel the purchased shares, and after the transaction, it has 162,828,619 ordinary shares in issue.
Details
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Purchase of own shares
LONDON, UK / ACCESSWIRE / May 9, 2024 / The Company announces that on 08 May 2024 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 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: | 08 May 2024 |
| Aggregate number of ordinary shares purchased: | 34,204 |
| Lowest price paid per share: | £ 78.7200 |
| Highest price paid per share: | £ 80.1200 |
| Average price paid per share: | £ 79.1284 |
The Company intends to cancel the purchased shares.
Following the above transaction, the Company has 162,828,619 ordinary shares in issue (excluding 7,006,782 held in treasury).
A full breakdown of the individual purchases by GSI is included below.
http://www.rns-pdf.londonstockexchange.com/rns/6964N_1-2024-5-8.pdf
Enquiries to:
InterContinental Hotels Group PLC:
Investor Relations: Stuart Ford (+44 (0)7823 828 739); Aleksandar Milenkovic (+44 (0)7469 905 720); Joe Simpson (+44 (0)7976 862 072)
Media Relations: Mike Ward (+44 (0)7795 257 407)
Schedule of Purchases
Shares purchased: 34,204 (ISIN: GB00BHJYC057)
Date of purchases: 08 May 2024
Investment firm: GSI
Aggregated information:
London Stock Exchange | Cboe BXE | Cboe CXE | Turquoise | |
Number of ordinary shares purchased | 34,204 | |||
Highest price paid (per ordinary share) | £ 80.1200 | |||
Lowest price paid (per ordinary share) | £ 78.7200 | |||
Volume weighted average price paid(per ordinary share) | £ 79.1284 |
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
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