IHG Buys 40,000 Shares at $165.46 Average, Cancels Them
IHG•InterContinental Hotels Group repurchased 40,000 ordinary shares on July 6 at an average price of $165.4551 under its AGM-authorized buyback program, paying between $164.10 and $167.85 per share. Following cancellation of those shares, IHG’s issued share count drops to 148,815,326 (excluding 5,431,782 treasury shares).
1. Details of the repurchase
On 6 July 2026, InterContinental Hotels Group purchased 40,000 ordinary shares through Goldman Sachs on the London Stock Exchange, paying between $164.10 and $167.85 per share with an average price of $165.4551.
2. Impact on share count
The company intends to cancel the repurchased shares, reducing its issued share count to 148,815,326 ordinary shares, excluding 5,431,782 shares held in treasury.
3. Program authorization and context
This transaction follows instructions issued on 17 February 2026 and leverages authority granted by shareholders at the 8 May 2025 Annual General Meeting as part of IHG’s ongoing share buyback program.
