Welcome to our dedicated page for InterContinental Hotels Group news (Ticker: IHG), a resource for investors and traders seeking the latest updates and insights on InterContinental Hotels Group stock.
InterContinental Hotels Group Plc reports news across a global hotel-brand system spanning luxury, lifestyle, premium, essentials and midscale lodging. Recurring updates cover brand openings, owner-development opportunities, loyalty initiatives through IHG One Rewards, and guest-experience programs tied to InterContinental, Kimpton, Ruby and other IHG Hotels & Resorts brands.
Company news also highlights the expansion of urban and conversion hotel formats, food-and-beverage programming, cultural and seasonal packages, and regional growth across major hospitality markets. IHG’s operating model is centered on a broad brand portfolio and a hotel system that is primarily managed and franchised rather than owned.
InterContinental Hotels Group PLC (IHG) announced a share buyback transaction on August 15, 2024. The company purchased 39,943 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £73.12 to £75.00, with an average price of £74.3444 per share.
This purchase was made in accordance with shareholder authorization granted at the Annual General Meeting on May 3, 2024, and follows instructions issued by the company on February 20, 2024. IHG intends to cancel the purchased shares. After this transaction, the company has 159,808,468 ordinary shares in issue, excluding 7,006,782 held in treasury.
IHG Hotels & Resorts, the official hotel partner of the US Open Tennis Championships, is launching the 'IHG Rally Room' inspired by the debate over the color of tennis balls. This unique suite, available at Kimpton Hotel Eventi in New York City and Hotel Indigo Atlanta Downtown, is split into green and yellow halves, reflecting the divided opinions on tennis ball color. IHG's survey found 56% of Americans believe tennis balls are yellow, while 44% think they're green.
The company is also hosting the Grand Slam Social event featuring DJ Mark Ronson and offering exclusive experiences for IHG One Rewards members at the US Open. These initiatives showcase IHG's expanding luxury & lifestyle brand portfolio and commitment to providing unique guest experiences.
InterContinental Hotels Group PLC (IHG) has announced a share buyback transaction conducted on August 13, 2024. The company purchased 59,552 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £71.64 to £72.82, with an average price of £72.3469 per share.
This purchase is part of a previously announced share buyback program and was executed in accordance with shareholder authority granted at the Annual General Meeting on May 3, 2024. Following this transaction, IHG has 159,868,068 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 share buyback transaction on August 9, 2024. The company purchased 44,774 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £72.12 to £73.08, with an average price of £72.6550 per share. This buyback is part of a program announced on February 20, 2024, and authorized by shareholders at the Annual General Meeting on May 3, 2024.
IHG intends to cancel the purchased shares. Following this transaction, the company has 160,019,543 ordinary shares in issue, excluding 7,006,782 held in treasury. The buyback demonstrates IHG's commitment to managing its capital structure and potentially enhancing shareholder value.
InterContinental Hotels Group PLC (IHG) announced a share buyback transaction on August 7, 2024. The company purchased 157,543 ordinary shares through Goldman Sachs International on the London Stock Exchange. The average price paid per share was £72.8064, with the lowest price at £72.2600 and the highest at £73.5200.
This purchase was made in accordance with shareholder authorization from 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 160,158,558 ordinary shares in issue, excluding 7,006,782 held in treasury.
InterContinental Hotels Group PLC (IHG) has announced a significant share buyback transaction on August 5, 2024. The company purchased 160,000 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £72.52 to £74.10, with an average price of £73.3565 per share.
This purchase is part of a share buyback program authorized by shareholders at the Annual General Meeting on May 3, 2024. IHG intends to cancel the purchased shares, which will reduce the total number of ordinary shares in issue to 160,475,541 (excluding 7,006,782 held in treasury). The transaction was executed across multiple trading venues, including the London Stock Exchange, Cboe BXE, Cboe CXE, and Turquoise.
InterContinental Hotels Group PLC (IHG) has announced a significant transaction in its own shares on August 1, 2024. The company purchased 71,620 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: £76.1400
- Highest price paid per share: £78.4200
- Average price paid per share: £77.2797
IHG intends to cancel the purchased shares. Following this transaction, the company has 160,715,541 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 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.