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Highlights
On October 21, 2024, the Company executed the purchase of 3,000 ordinary shares as part of its share repurchase program.
The transactions were carried out through Goldman Sachs International on the London Stock Exchange, adhering to the authority granted by shareholders at the Annual General Meeting on May 3, 2024.
Following the transaction, the total number of ordinary shares in circulation stands at 159,225,452, excluding treasury shares.
The Company announces that it completed the acquisition of 3,000 ordinary shares, each with a nominal value of 20340/399 pence, on October 21, 2024. This initiative was conducted through Goldman Sachs International (GSI) on the London Stock Exchange, in accordance with the authority granted by shareholders during the Annual General Meeting held on May 3, 2024.
The transactions were executed under instructions issued by the InterContinental Hotels Group PLC (LSE:IHG) Company on February 20, 2024, as previously disclosed. The purchase details reveal that the lowest price per share was recorded at £85.8200, while the highest price reached £86.5400. The average price per share for this acquisition was £86.2047.
Upon completion of this transaction, the Company plans to cancel the repurchased shares, further impacting the total ordinary shares outstanding. Currently, there are 159,225,452 ordinary shares in circulation, excluding the 6,956,782 shares held in treasury.
The aggregated information related to the share transactions is summarized as follows: a total of 3,000 ordinary shares were purchased, with a volume-weighted average price of £86.2047. Detailed records of individual transactions are available, illustrating the time, price, and trading venue for each trade.
For further inquiries regarding this share acquisition, the Company can be reached through its Investor Relations team. Key contacts include Stuart Ford and Joe Simpson, while media-related questions can be directed to Mike Ward.
This announcement serves to provide clarity and transparency regarding the Company's ongoing commitment to managing its share capital effectively.
