InterContinental Hotels Stock Price, News & Analysis

InterContinental Hotels Group PLC announced the purchase of 9,500 ordinary shares on January 25, 2023, through Goldman Sachs International on the London Stock Exchange. The purchase, conducted under the authority granted by shareholders at the AGM on May 6, 2022, had an average price of £56.5963, with a low of £56.3000 and a high of £57.0600. Following this transaction, the total number of ordinary shares in issue stands at 175,430,771, excluding 7,506,782 held in treasury. The purchased shares are intended for cancellation.

On January 23, 2023, InterContinental Hotels Group acquired 8,984 of its ordinary shares at an average price of £56.3650 through Goldman Sachs International, as authorized by shareholders at the Annual General Meeting on May 6, 2022. The share purchase followed prior instructions issued on August 9, 2022. The lowest price paid per share was £56.1400, while the highest reached £56.6000. Subsequently, the company plans to cancel these purchased shares, leaving a total of 175,449,181 ordinary shares in circulation.

On January 19, 2023, InterContinental Hotels Group announced the purchase of 7,469 ordinary shares at an average price of £55.9502 each on January 18, 2023, as authorized by shareholders during the Annual General Meeting on May 6, 2022. The shares were acquired through Goldman Sachs International on the London Stock Exchange. Following this purchase, the total number of ordinary shares outstanding is 175,465,665, excluding 7,506,782 shares held in treasury. The company plans to cancel the shares purchased in this transaction.

On January 16, 2023, InterContinental Hotels Group purchased 5,900 ordinary shares at an average price of £54.13 each through Goldman Sachs International. This buyback aligns with shareholder approval from the Annual General Meeting held on May 6, 2022. The lowest price paid per share was £54.00 while the highest reached £54.20. The company plans to cancel these shares following the transaction. Post-purchase, there are 175,480,634 ordinary shares outstanding, excluding 7,506,782 in treasury.

On January 11, 2023, InterContinental Hotels Group purchased 19,934 of its own ordinary shares through Goldman Sachs International on the London Stock Exchange. This action was made under the authority granted by shareholders during the AGM on May 6, 2022. The shares were bought at prices ranging from £52.0600 to £52.6200, with an average price of £52.3947. Following this repurchase, the company now has a total of 175,512,615 ordinary shares outstanding, excluding 7,506,782 shares held in treasury. The purchased shares are set to be canceled.

InterContinental Hotels Group PLC announced the purchase of 20,000 ordinary shares on January 10, 2023, at an average price of £51.8226. The shares were acquired through Goldman Sachs International on the London Stock Exchange. Following this transaction, the total number of ordinary shares in circulation is 175,532,549, excluding treasury shares. The company plans to cancel the purchased shares to reduce the total share count, enhancing shareholder value as authorized by shareholders at the Annual General Meeting on May 6, 2022.

On January 9, 2023, InterContinental Hotels Group purchased 13,894 of its ordinary shares at an average price of £51.3776 each, in accordance with shareholder authority. The transactions were executed through Goldman Sachs International on the London Stock Exchange. The highest price paid was £51.5000, while the lowest was £51.0400. Following this purchase, the total number of ordinary shares in issue stands at 175,552,549, excluding 7,506,782 held in treasury. The company plans to cancel the purchased shares to optimize its capital structure.

On January 5, 2023, InterContinental Hotels Group purchased 14,599 ordinary shares through Goldman Sachs International on the London Stock Exchange. The shares were acquired at an average price of £49.8137, with a low of £49.4500 and a high of £50.0000. The company intends to cancel the purchased shares, reducing the total number of ordinary shares to 175,566,443 (excluding treasury shares). This buyback aligns with the authority granted at the Annual General Meeting on May 6, 2022, and is part of their strategy to enhance shareholder value.

On January 4, 2023, InterContinental Hotels Group (IHG) purchased 4,696 ordinary shares at an average price of £48.4350 per share through Goldman Sachs International. This transaction was authorized by shareholders during the Annual General Meeting on May 6, 2022. Following this purchase, IHG has 175,581,042 ordinary shares in issue, excluding 7,506,782 held in treasury. The company intends to cancel the purchased shares, further impacting its capital structure.