IHG Buys Back 46,540 Shares at Average $148.07, Plans Cancellation
On 15 May 2026 InterContinental Hotels Group purchased 46,540 ordinary shares at prices ranging from $147.25 to $148.95 (average $148.0713) under its AGM-approved buyback. Post-transaction the company has 149,747,713 shares in issue (excluding 5,431,782 held in treasury) and intends to cancel the repurchased shares.
1. Buyback Details
On 15 May 2026 InterContinental Hotels Group purchased 46,540 ordinary shares at prices ranging from $147.25 to $148.95 per share, with an average cost of $148.0713. The transaction was executed through Goldman Sachs International under the authority granted at its 2025 Annual General Meeting.
2. Share Count and Cancellation
Following the purchase, IHG’s total shares in issue stand at 149,747,713, excluding 5,431,782 held in treasury. The company intends to cancel the 46,540 repurchased shares, thereby reducing its outstanding share count upon completion of cancellation.