InterContinental Hotels Group Cancels Newly Repurchased Shares in Ongoing Buyback

The latest announcement is out from InterContinental Hotels ( (GB:IHG) ).

InterContinental Hotels Group PLC has continued its share buyback programme, repurchasing 55,971 ordinary shares on 23 December 2025 through Merrill Lynch International on the London Stock Exchange and other trading venues at prices between £104.90 and £105.80 per share. The company intends to cancel these shares, reducing its share count to 151,644,946 in issue (excluding treasury shares), a capital management move that marginally enhances earnings per share and signals ongoing confidence in its financial position and long-term strategy to investors.

The most recent analyst rating on (GB:IHG) stock is a Buy with a £11700.00 price target. To see the full list of analyst forecasts on InterContinental Hotels stock, see the GB:IHG Stock Forecast page.

Spark’s Take on GB:IHG Stock

According to Spark, TipRanks’ AI Analyst, GB:IHG is a Neutral.

InterContinental Hotels Group shows strong financial performance and strategic growth, particularly in RevPAR and shareholder returns, which are significant positives. However, high leverage and negative equity pose financial stability risks. The stock’s technical indicators are positive, but valuation metrics suggest it may be overvalued.

To see Spark’s full report on GB:IHG stock, click here.

More about InterContinental Hotels

InterContinental Hotels Group PLC is a global hotel company that owns, manages, franchises and licenses a portfolio of hospitality brands across multiple price points and segments. Listed in London, it operates in the international travel and leisure industry, generating revenue primarily from hotel management and franchise fees and maintaining a significant presence in key business and leisure markets worldwide.

Average Trading Volume: 387,445

Technical Sentiment Signal: Buy

Current Market Cap: £15.98B

Learn more about IHG stock on TipRanks’ Stock Analysis page.