InterContinental Hotels Stock Price, News & Analysis

InterContinental Hotels Group PLC (IHG) has announced a transaction in its own shares on July 31, 2024. The company purchased 64,109 ordinary shares through Goldman Sachs International on the London Stock Exchange. The purchase was made in accordance with shareholder authority granted at the Annual General Meeting on May 3, 2024.

Key details of the transaction include:

• Lowest price paid per share: £77.4400
• Highest price paid per share: £81.2200
• Average price paid per share: £78.2564

IHG intends to cancel the purchased shares. Following this transaction, the company has 160,787,161 ordinary shares in issue, excluding 7,006,782 held in treasury. The purchase was part of instructions issued by IHG on February 20, 2024.

InterContinental Hotels Group PLC (IHG) has announced a transaction in its own shares on July 31, 2024. The company purchased 50,000 ordinary shares on July 30, 2024, through Goldman Sachs International on the London Stock Exchange. The purchase was made in accordance with shareholder authority granted at the Annual General Meeting on May 3, 2024.

Key details of the transaction include:

• Lowest price paid per share: £80.1200
• Highest price paid per share: £81.4000
• Average price paid per share: £80.9945

Following this transaction, IHG has 160,851,270 ordinary shares in issue (excluding 7,006,782 held in treasury). The company intends to cancel the purchased shares.

InterContinental Hotels Group PLC (IHG) has announced a significant share buyback transaction on July 26, 2024. The company purchased 26,971 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £79.0600 to £80.2200, with an average price of £79.8374 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, and follows instructions issued by IHG on February 20, 2024. The company intends to cancel the purchased shares. Following this transaction, IHG has 160,929,628 ordinary shares in issue, excluding 7,006,782 held in treasury.

InterContinental Hotels Group PLC (IHG) has announced a transaction in its own shares on July 24, 2024. The company purchased 20,000 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £80.86 to £83.18, with an average price of £81.8383 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, and follows instructions issued by IHG on February 20, 2024. The company intends to cancel the purchased shares. Following this transaction, IHG has 161,068,607 ordinary shares in issue, excluding 7,006,782 held in treasury.

InterContinental Hotels Group PLC (IHG) announced a share repurchase transaction on July 22, 2024. The company bought 72,521 ordinary shares through Goldman Sachs International on the London Stock Exchange. The purchase was made in accordance with shareholder authority granted at the Annual General Meeting on May 3, 2024.

Key details of the transaction:

• Lowest price paid per share: £81.0400
• Highest price paid per share: £82.0000
• Average price paid per share: £81.5441

IHG intends to cancel the purchased shares. Following this transaction, the company has 161,108,483 ordinary shares in issue (excluding 7,006,782 held in treasury). The purchase was part of instructions issued by IHG on February 20, 2024.

InterContinental Hotels Group PLC (IHG) announced a share buyback transaction on July 19, 2024. The company purchased 92,964 ordinary shares through Goldman Sachs International on the London Stock Exchange. The average price paid per share was £82.2676, with the lowest price at £81.1800 and the highest at £82.7000.

This purchase was made in accordance with shareholder authority granted at the Annual General Meeting on May 3, 2024, and follows instructions issued by IHG on February 20, 2024. The company intends to cancel the purchased shares. After this transaction, IHG has 161,181,004 ordinary shares in issue, excluding 7,006,782 held in treasury.

The shares were purchased across multiple exchanges, including the London Stock Exchange, Cboe BXE, Cboe CXE, and Turquoise, with varying volumes and prices on each platform.

InterContinental Hotels Group PLC (IHG) announced a transaction in own shares on 19 July 2024. On 18 July 2024, the company repurchased 20,000 ordinary shares at an average price of £82.4885 per share through Goldman Sachs International on the London Stock Exchange. The lowest price paid per share was £82.0000, and the highest was £82.8800. The repurchased shares will be canceled. After this transaction, IHG has 161,273,968 ordinary shares in issue, excluding 7,006,782 shares held in treasury. This buyback was authorized by shareholders at the Annual General Meeting on 3 May 2024 and was initiated based on instructions issued on 20 February 2024.

For more details, investors can contact IHG's Investor Relations (Stuart Ford, Aleksandar Milenkovic, Joe Simpson) or Media Relations (Mike Ward).

IHG Hotels & Resorts has launched the Low Carbon Pioneers programme, an industry-first initiative featuring energy-efficient hotels with no on-site fossil fuel combustion and renewable energy backing. The program aims to test, learn, and share sustainability findings, inspiring broader adoption of carbon reduction practices across IHG's estate.

The first Low Carbon Pioneer hotels include properties in Spain and Hungary, featuring sustainable solutions like high-efficiency heat pumps and fully electric kitchens. Each hotel will have an operational sustainability certification recognized by the Global Sustainable Tourism Council. IHG plans to expand the program across all regions and is developing a "low-carbon ready" group of hotels.

CEO Elie Maalouf emphasizes the need for broader government support to accelerate industry-wide change, including increased access to renewable energy and incentives for hotel owners. The program aims to future-proof properties, meet evolving guest expectations, and align with corporate clients' sustainability goals.

InterContinental Hotels Group PLC (IHG) announced a share repurchase on 16 July 2024.

The company bought 20,000 ordinary shares at prices between £83.56 and £85.40, averaging £84.5618 per share. Goldman Sachs International facilitated the transactions on the London Stock Exchange.

The repurchase follows shareholder approval granted at the Annual General Meeting on 3 May 2024 and instructions issued on 20 February 2024.

Post-transaction, IHG holds 161,313,920 ordinary shares in issue, excluding 7,006,782 held in treasury, and intends to cancel the purchased shares.