InterContinental Hotels Group PLC Announces Transaction in Own Shares - March 30

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 [2][3]. Group 1: Share Purchase Details - The company purchased a total of 46,000 ordinary shares on March 27, 2026 [3]. - The lowest price paid per share was $129.45, while the highest price was $131.10, with an average price of $130.3164 [3]. - Following this transaction, the total number of ordinary shares in issue is 150,345,674, excluding 5,431,782 shares held in treasury [3]. Group 2: Authorization and Execution - The share purchase was conducted through Goldman Sachs International on the London Stock Exchange, in accordance with the authority granted by shareholders at the Annual General Meeting on May 8, 2025 [2]. - The company issued instructions for the purchase on February 17, 2026, which were previously announced [2].