InterContinental Hotels Group Purchases 37,286 Shares at $149.54 Average
InterContinental Hotels Group purchased 37,286 ordinary shares on May 12 at prices between $147.90 and $150.00, averaging $149.54 per share. Post-transaction, the company holds 149,857,146 shares outstanding (excluding 5,431,782 in treasury) and intends to cancel the repurchased shares.
1. Purchase Details
On May 12, InterContinental Hotels Group acquired 37,286 ordinary shares of 20,340/399 pence each through Goldman Sachs International on the London Stock Exchange. Purchase prices ranged from $147.90 to $150.00, with an average cost of $149.54 per share.
2. Buyback Program Context
This purchase was executed under authority granted at the May 2025 Annual General Meeting, following instructions issued in February 2026. The company plans to cancel the repurchased shares, leaving 149,857,146 shares in issue excluding 5,431,782 held in treasury.