InterContinental Hotels (GB:IHG) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
InterContinental Hotels Group PLC has repurchased 10,000 of its ordinary shares at an average price of £94.9898 per share, as part of its share buyback program. This move, executed through Goldman Sachs International, aligns with the company’s strategy to enhance shareholder value. Following this transaction, the company has a total of 158,722,846 ordinary shares in circulation, excluding those held in treasury.
For further insights into GB:IHG stock, check out TipRanks’ Stock Analysis page.