InterContinental Hotels Group PLC Announces Transaction in Own Shares - July 02
InterContinental Hotels Group (NYSE:IHG) reported a share repurchase on 01 July 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
InterContinental Hotels Group (NYSE:IHG) reported a share repurchase on 01 July 2026. The company bought 40,000 ordinary shares via Goldman Sachs International on the London Stock Exchange under an existing authority.
The shares were purchased at an average price of $168.7425 and will be cancelled, leaving 148,933,971 shares in issue, excluding 5,431,782 treasury shares.
Positive
- 40,000 shares repurchased for capital return at $168.7425 average price
- Repurchased shares to be cancelled, marginally reducing share count
- Share count now 148,933,971 in issue, excluding 5,431,782 treasury shares
Negative
- None.
Details
News Market Reaction – IHG
On Jul 2, the day this news came out, IHG closed 0.90% above the previous close.
Data tracked by StockTitan Argus for the Jul 2 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Purchase of own shares
LONDON, UK / ACCESS Newswire / July 2, 2026 / The Company announces that on 01 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: | 01 July 2026 |
Aggregate number of ordinary shares purchased: | 40,000 |
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 148,933,971 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/6955K_1-2026-7-1.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
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