InterContinental Hotels ( (GB:IHG) ) has provided an update.
InterContinental Hotels Group PLC has announced a change in the voting rights held by The Capital Group Companies, Inc., which has reduced its stake from 5.12% to 4.86%. This change reflects a disposal of voting rights and could impact the company’s shareholder dynamics, potentially influencing future corporate decisions and stakeholder interests.
More about InterContinental Hotels
InterContinental Hotels Group PLC is a UK-based company operating in the hospitality industry, primarily offering hotel and resort services. It focuses on providing accommodations and related services globally, catering to both leisure and business travelers.
YTD Price Performance: -14.59%
Average Trading Volume: 437,096
Technical Sentiment Signal: Sell
Current Market Cap: £13.29B
For detailed information about IHG stock, go to TipRanks’ Stock Analysis page.