InterContinental Hotels Group PLC Announces Transaction in Own Shares - October 21

Rhea-AI Summary

InterContinental Hotels Group PLC (IHG) has announced a transaction in its own shares on October 18, 2024. The company purchased 3,000 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £85.5000 to £86.1800, with an average price of £85.8648 per share.

This purchase was made in accordance with the authority granted by shareholders at the Company's Annual General Meeting on May 3, 2024. IHG intends to cancel the purchased shares. Following this transaction, the Company has 159,228,452 ordinary shares in issue (excluding 6,956,782 held in treasury).

The purchase was part of instructions issued by IHG on February 20, 2024. A full breakdown of the individual purchases by Goldman Sachs International is included in the announcement.

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Purchase of own shares

LONDON, UNITED KINGDOM / ACCESSWIRE / October 21, 2024 / InterContinental Hotels Group PLC (the Company) (NYSE:IHG)(LSE:IHG)(OTC PINK:ICHGF)

The Company announces that on 18 October 2024 it purchased the following number of its ordinary shares of 20^340/399pence 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:	18 October 2024
Aggregate number of ordinary shares purchased:	3,000
Lowest price paid per share:	£ 85.5000
Highest price paid per share:	£ 86.1800
Average price paid per share:	£ 85.8648

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 159,228,452 ordinary shares in issue (excluding 6,956,782 held in treasury).

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

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: 3,000 (ISIN: GB00BHJYC057)

Date of purchases: 18 October 2024

Investment firm: GSI

Aggregated information:

	London Stock Exchange	Cboe BXE	Cboe CXE	Turquoise
Number of ordinary shares purchased	3,000
Highest price paid (per ordinary share)	£ 86.1800
Lowest price paid (per ordinary share)	£ 85.5000
Volume weighted average price paid(per ordinary share)	£ 85.8648

Detailed information:

Transaction Date	Time	Time Zone	Volume	Price (GBP)	Trading Venue	Transaction ID
18/10/2024	09:35:34	BST	45	85.8000	XLON	1090441336328834
18/10/2024	09:35:34	BST	41	85.8000	XLON	1090441336328835
18/10/2024	09:36:25	BST	72	85.9000	XLON	1090441336328909
18/10/2024	09:36:25	BST	65	85.8800	XLON	1090441336328910
18/10/2024	09:41:16	BST	50	85.9200	XLON	1090441336329304
18/10/2024	09:41:16	BST	27	85.9200	XLON	1090441336329305
18/10/2024	09:51:01	BST	66	85.9800	XLON	1090441336330006
18/10/2024	10:02:52	BST	60	86.1800	XLON	1090441336330836
18/10/2024	10:19:24	BST	61	85.9600	XLON	1090441336331781
18/10/2024	10:42:45	BST	40	85.9000	XLON	1090441336333758
18/10/2024	10:52:43	BST	40	85.8600	XLON	1090441336334836
18/10/2024	11:02:21	BST	67	85.9600	XLON	1090441336335469
18/10/2024	11:15:29	BST	74	85.9200	XLON	1090441336336992
18/10/2024	11:21:47	BST	61	86.0800	XLON	1090441336338088
18/10/2024	11:32:18	BST	29	86.0400	XLON	1090441336338910
18/10/2024	11:32:18	BST	29	86.0400	XLON	1090441336338911
18/10/2024	11:51:10	BST	59	85.9800	XLON	1090441336340161
18/10/2024	11:51:10	BST	3	85.9800	XLON	1090441336340162
18/10/2024	11:59:51	BST	58	85.9800	XLON	1090441336341582
18/10/2024	12:21:40	BST	62	85.8200	XLON	1090441336342855
18/10/2024	13:01:54	BST	61	85.8200	XLON	1090441336344490
18/10/2024	13:38:46	BST	43	85.8000	XLON	1090441336346324
18/10/2024	13:46:32	BST	73	85.7800	XLON	1090441336346811
18/10/2024	14:05:39	BST	61	85.9200	XLON	1090441336347786
18/10/2024	14:32:06	BST	60	86.0000	XLON	1090441336349147
18/10/2024	14:48:35	BST	61	86.0200	XLON	1090441336349847
18/10/2024	14:59:14	BST	60	85.9200	XLON	1090441336350486
18/10/2024	15:16:29	BST	59	85.9200	XLON	1090441336351354
18/10/2024	15:30:34	BST	61	85.6200	XLON	1090441336353709
18/10/2024	15:32:52	BST	63	85.6000	XLON	1090441336354076
18/10/2024	15:37:03	BST	60	85.5000	XLON	1090441336354702
18/10/2024	15:42:29	BST	53	85.6200	XLON	1090441336355430
18/10/2024	15:47:33	BST	70	85.6200	XLON	1090441336355872
18/10/2024	15:53:59	BST	42	85.5600	XLON	1090441336356659
18/10/2024	15:57:56	BST	76	85.6000	XLON	1090441336357223
18/10/2024	16:02:26	BST	60	85.5800	XLON	1090441336357655
18/10/2024	16:05:29	BST	63	85.5600	XLON	1090441336357947
18/10/2024	16:10:25	BST	60	85.6000	XLON	1090441336358365
18/10/2024	16:14:44	BST	63	85.5600	XLON	1090441336358987
18/10/2024	16:25:21	BST	42	85.7200	XLON	1090441336360029
18/10/2024	16:27:09	BST	41	85.8200	XLON	1090441336360153
18/10/2024	16:31:17	BST	68	85.8800	XLON	1090441336360493
18/10/2024	16:38:15	BST	63	85.8600	XLON	1090441336361208
18/10/2024	16:46:33	BST	70	85.8200	XLON	1090441336362285
18/10/2024	16:56:30	BST	40	85.9200	XLON	1090441336363541
18/10/2024	17:00:25	BST	2	85.9400	XLON	1090441336364171
18/10/2024	17:01:40	BST	70	86.0000	XLON	1090441336364310
18/10/2024	17:05:14	BST	68	86.0200	XLON	1090441336364777
18/10/2024	17:08:32	BST	40	86.0400	XLON	1090441336365194
18/10/2024	17:11:50	BST	42	86.0200	XLON	1090441336365659
18/10/2024	17:16:33	BST	67	86.1200	XLON	1090441336366330
18/10/2024	17:20:22	BST	50	86.0600	XLON	1090441336367032
18/10/2024	17:20:27	BST	6	86.0600	XLON	1090441336367050
18/10/2024	17:20:27	BST	35	86.0600	XLON	1090441336367051
18/10/2024	17:22:37	BST	40	86.0600	XLON	1090441336367495
18/10/2024	17:28:27	BST	25	86.1000	XLON	1090441336368678
18/10/2024	17:28:34	BST	66	86.1000	XLON	1090441336368707
18/10/2024	17:29:52	BST	7	86.1600	XLON	1090441336369074

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 on October 18, 2024?

InterContinental Hotels Group PLC (IHG) purchased 3,000 ordinary shares on October 18, 2024.

What was the price range for IHG's share buyback on October 18, 2024?

The shares were bought at prices ranging from £85.5000 to £86.1800, with an average price of £85.8648 per share.

What does IHG plan to do with the purchased shares?

InterContinental Hotels Group PLC (IHG) intends to cancel the purchased shares.

How many ordinary shares does IHG have in issue after this transaction?

Following this transaction, IHG has 159,228,452 ordinary shares in issue (excluding 6,956,782 held in treasury).

When was the authority for this share buyback granted to IHG?

The authority for this share buyback was granted by shareholders at IHG's Annual General Meeting on May 3, 2024.