InterContinental Hotels Group PLC Announces Transaction in Own Shares - February 23
Accessnewswire·2026-02-23 07:15

Core Viewpoint - InterContinental Hotels Group PLC has announced the purchase of its own shares, indicating a strategic move to manage its capital structure and potentially enhance shareholder value [1] Group 1: Share Purchase Details - The company purchased a total of 95,148 ordinary shares on February 20, 2026 [1] - The lowest price paid per share was $141.20, while the highest price was $145.00, with an average price of $143.2637 [1] - The shares were purchased through Goldman Sachs International on the London Stock Exchange, following the authority granted by shareholders at the Annual General Meeting on May 8, 2025 [1] Group 2: Post-Purchase Information - After the transaction, the company has 151,189,749 ordinary shares in issue, excluding 5,481,782 shares held in treasury [1] - The company intends to cancel the purchased shares, which may impact the overall share count and potentially increase the value of remaining shares [1]

InterContinental Hotels Group PLC Announces Transaction in Own Shares - February 23 - Reportify