IHG Buys Back 34,040 Shares for Cancellation

ACCESS Newswire··GB·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

InterContinental Hotels Group PLC announced that on 7 September 2026 it purchased 34,040 of its ordinary shares through Goldman Sachs International on the London Stock Exchange, as part of its ongoing buyback program. The shares were bought at prices ranging from $156.40 to $159.90, with an average price of $157.9989 per share. The company intends to cancel the purchased shares, reducing its total shares in issue to 147,809,717, excluding 5,431,782 held in treasury. This transaction follows the authority granted at the Annual General Meeting on 8 May 2025 and instructions issued on 17 February 2026.

Impact on assets 1

Consumer Discretionary▲ · 1 stocks