InterContinental Hotels Group PLC Announces Transaction in Own Shares - March 06

Core Viewpoint - InterContinental Hotels Group PLC has announced the purchase of its own shares, indicating a strategic move to enhance shareholder value through share buybacks [1]. Group 1: Share Purchase Details - The company purchased a total of 20,000 ordinary shares on March 5, 2026 [1]. - The lowest price paid per share was $131.65, while the highest price was $135.15, with an average price of $133.6046 [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 150,700,048 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].