IHG bought back 96,995 of its own shares and plans to cancel them
IHG bought 96,995 shares on 12 November at an average price of $180.48 and intends to cancel them, according to a release via ACCESS Newswire.
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what happened
InterContinental Hotels Group, according to a company release distributed by ACCESS Newswire, bought 96,995 of its ordinary shares with a nominal value of 20340/399 pence on 12 November 2026. The purchases were made through Goldman Sachs International on the London Stock Exchange under the authority shareholders approved at the annual general meeting on 8 May 2025, and under instructions issued on 17 February 2026.
The price ranged from $179.60 to $181.80 per share, with an average of $180.4841. After the transaction, 146,343,936 shares are in issue, excluding 5,431,782 held in treasury. The company intends to cancel the repurchased shares.
why it matters
This is a routine update under a previously announced programme, not a new buyback authorisation. The market impact is limited: the reduction in shares in issue is small, and regular filings of this kind rarely move the shares of a large hotel group.
tags
instruments
sources
- InterContinental Hotels Group PLC (IHG) Purchased Shares for Cancellation — TradingView, 13 November 2026 at 07:00 UTC
- InterContinental Hotels Group PLC Announces Transaction in Own Shares — November 13, 13 November 2026 at 07:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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