InterContinental Hotels Stock Price, News & Analysis

InterContinental Hotels Group PLC announced the purchase of 256,348 ordinary shares on 28 October 2022, executed by Goldman Sachs International on the London Stock Exchange. The shares were acquired at an average price of £46.63, with a lowest price of £46.31 and a highest price of £47.00. Following this transaction, the company has 176,983,415 shares in circulation, excluding treasury shares. The intention is to cancel the repurchased shares, aligning with the authority granted in its Annual General Meeting held on 6 May 2022.

InterContinental Hotels Group announced on October 27, 2022, that it purchased 259,415 ordinary shares at an average price of £46.9212 each. The shares were acquired through Goldman Sachs International on the London Stock Exchange. Following this transaction, the Company has 177,239,763 ordinary shares in circulation, excluding 8,156,782 held in treasury. The purchased shares will be canceled, reflecting the Company’s commitment to enhancing shareholder value.

InterContinental Hotels Group PLC announced the purchase of 264,429 ordinary shares on 26 October 2022, as per shareholder authority from the Annual General Meeting on 6 May 2022. The shares were bought through Goldman Sachs International, with the lowest price at £45.6600 and highest at £46.5000, averaging £46.1440. The intention is to cancel these shares. Post-transaction, 177,499,178 ordinary shares remain in circulation, excluding 8,156,782 in treasury.

InterContinental Hotels Group announced the purchase of 273,992 shares on 25 October 2022 at an average price of £45.9000. The transaction was executed via Goldman Sachs International on the London Stock Exchange, and the company plans to cancel these shares. Following this buyback, there are 177,763,607 ordinary shares outstanding, excluding those held in treasury. This move reflects the company’s strategy of returning value to shareholders.

InterContinental Hotels Group announced the purchase of 279,818 ordinary shares at an average price of £45.7069 on October 24, 2022, as part of a buyback program approved at the Annual General Meeting on May 6, 2022. The shares were bought through Goldman Sachs International on the London Stock Exchange. Following this transaction, the company will cancel the purchased shares, leaving 178,037,599 shares in circulation. The lowest and highest prices paid during the buyback were £44.8400 and £46.3300, respectively.

On October 21, 2022, InterContinental Hotels Group purchased 50,000 of its own ordinary shares at an average price of £44.1730 per share through Goldman Sachs International, as per the authority granted by shareholders. The lowest price paid was £43.5300, and the highest was £44.7700. The purchased shares will be canceled, reducing the total shares in issue to 178,317,417, excluding treasury shares. This transaction reflects the company’s commitment to enhancing shareholder value.

On October 20, 2022, InterContinental Hotels Group PLC purchased 58,000 ordinary shares at an average price of £45.6805 through Goldman Sachs International on the London Stock Exchange. This share buyback aligns with the authority granted by shareholders during the AGM on May 6, 2022. Following this transaction, the company has 178,367,417 ordinary shares outstanding. The purchased shares are set for cancellation, reducing the total shares in circulation and potentially increasing value for remaining shareholders.