InterContinental Hotels Group Executes 39,000-Share Buyback at Avg $130.24
InterContinental Hotels Group repurchased 39,000 ordinary shares on March 31 at prices of $128.95–$131.00 (avg $130.24), reducing shares outstanding to 150,298,974 before cancellation. IHG had representation on the ninth annual Influential Women in Hospitality list, which honored 25 industry leaders.
1. Share Repurchase Details
On March 31, InterContinental Hotels Group purchased 39,000 of its ordinary shares (20340/399 pence each) on the London Stock Exchange at a low price of $128.95, a high of $131.00 and an average of $130.24 per share. The company will cancel these shares, bringing its outstanding share count to 150,298,974, excluding 5,431,782 held in treasury.
2. Reputation Boost from Leadership Recognition
IHG was represented among the 25 honorees on the ninth annual Influential Women in Hospitality list, which celebrates exceptional leadership and dedication within the hotel industry. The list highlights executives across major groups including Marriott, Hilton, Wyndham, IHG and Hyatt, underscoring IHG’s commitment to diversity and leadership excellence.