InterContinental Hotels Stock Price, News & Analysis

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.

On July 12, 2024, InterContinental Hotels Group (IHG) announced the repurchase of 20,000 of its ordinary shares on July 11, 2024, via Goldman Sachs International on the London Stock Exchange.

The buyback, authorized by shareholders at the company's May 3, 2024, Annual General Meeting, saw shares bought at prices ranging from £81.68 to £83.10, with an average price of £82.8359 per share.

Following the transaction, IHG intends to cancel the repurchased shares, reducing the total number of issued shares to 161,367,225, excluding 7,006,782 shares held in treasury.

The transaction details, including specific times and prices, were disclosed to ensure transparency.

For further information, Investor Relations contacts Stuart Ford, Aleksandar Milenkovic, and Joe Simpson, and Media Relations contact Mike Ward were provided.

InterContinental Hotels Group PLC (IHG) announced the repurchase of 19,839 of its ordinary shares on 09 July 2024, through Goldman Sachs International on the London Stock Exchange. The repurchase, authorized by shareholders at the Annual General Meeting on 3 May 2024, featured prices ranging from £80.98 to £82.34 per share, with an average price of £81.5018 per share. Following this transaction, IHG's issued share count stands at 161,439,270, excluding 7,006,782 shares held in treasury. The company plans to cancel the repurchased shares.

On July 5, 2024, InterContinental Hotels Group PLC (IHG) announced the repurchase of 15,337 of its own ordinary shares through Goldman Sachs International on the London Stock Exchange. The transaction, carried out on July 4, 2024, saw purchase prices ranging from £82.48 to £83.04 per share, with an average price of £82.71 per share. This buyback follows the authorization given at IHG's Annual General Meeting on May 3, 2024. The purchased shares, intended for cancellation, leave IHG with 161,485,298 ordinary shares in issue, excluding 7,006,782 shares held in treasury. For further details, contact Investor Relations representatives Stuart Ford (+44 7823 828 739), Aleksandar Milenkovic (+44 7469 905 720), or Joe Simpson (+44 7976 862 072), or Media Relations representative Mike Ward (+44 7795 257 407).

InterContinental Hotels Group PLC (IHG) announced that on July 1, 2024, it repurchased 42,003 of its ordinary shares through Goldman Sachs International (GSI) on the London Stock Exchange. The shares were bought at prices ranging from £80.7800 to £83.6400, with an average price of £81.7821 per share. This transaction was conducted in accordance with the authority granted by shareholders during the Annual General Meeting on May 3, 2024. Following this buyback, IHG intends to cancel the purchased shares, resulting in a total of 161,546,765 ordinary shares in issue, excluding 7,006,782 shares held in treasury. For further inquiries, contact Investor Relations: Stuart Ford (+44 7823 828 739), Aleksandar Milenkovic (+44 7469 905 720), or Joe Simpson (+44 7976 862 072). Media Relations contact: Mike Ward (+44 7795 257 407).

InterContinental Hotels Group PLC (IHG) announced the repurchase of 10,000 of its ordinary shares on June 27, 2024, through Goldman Sachs International (GSI) on the London Stock Exchange. Share prices during the transaction ranged from £82.84 to £83.36, with an average price of £83.0787. This repurchase follows the authorization granted at the Annual General Meeting on May 3, 2024, and instructions issued on February 20, 2024. The company intends to cancel the repurchased shares, reducing the total number of shares in issue to 161,598,768 (excluding 7,006,782 shares held in treasury). Detailed transaction data is available, reflecting various purchase timings and prices. Investors and media can reach out to Stuart Ford, Aleksandar Milenkovic, Joe Simpson, or Mike Ward for further inquiries.

On June 26, 2024, InterContinental Hotels Group PLC (IHG) announced the purchase of 18,399 of its ordinary shares at prices ranging from £82.68 to £83.86, with an average of £83.30 per share. The transaction, conducted on June 25, 2024, through Goldman Sachs International, followed instructions issued on February 20, 2024, and was authorized by shareholders during the Annual General Meeting on May 3, 2024. IHG intends to cancel the repurchased shares, reducing its number of shares in issue to 161,628,752, excluding 7,006,782 shares held in treasury. Detailed transaction data, including individual purchase times, prices, and trading venues, was disclosed in the announcement.

InterContinental Hotels Group PLC (IHG) announced the repurchase of 20,000 ordinary shares on June 21, 2024. The shares were acquired at prices ranging from £82.10 to £82.94, with an average price of £82.57 per share. This transaction was conducted through Goldman Sachs International on the London Stock Exchange, following authorization from shareholders at the Annual General Meeting on May 3, 2024. IHG plans to cancel these shares, reducing the number of shares in issue to 161,667,045 (excluding 7,006,782 held in treasury). This buyback is part of a strategy to return value to shareholders.