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InterContinental Hotels Executes Share Buyback

InterContinental Hotels Executes Share Buyback

InterContinental Hotels (GB:IHG) has released an update.

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InterContinental Hotels Group PLC has announced the repurchase of 32,660 of its own ordinary shares on April 16, 2024, at prices ranging from £77.2600 to £78.4200 per share with the intention to cancel them. Following this transaction, the total number of ordinary shares in issue is 163,172,943, excluding the treasury-held shares. The buyback aligns with the authorization from the company’s shareholders obtained during the Annual General Meeting on May 5, 2023.

For further insights into GB:IHG stock, check out TipRanks’ Stock Analysis page.

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