InterContinental Hotels (GB:IHG) has released an update.
InterContinental Hotels Group PLC has recently repurchased 92,964 of its own shares at prices ranging from £81.18 to £82.70 per share, with an average cost of £82.26 each. The transaction, executed through Goldman Sachs International on the London Stock Exchange, is part of a share buyback program authorized by its shareholders. These repurchased shares are slated for cancellation, which will leave the company with 161,181,004 ordinary shares in circulation, excluding those held in treasury.
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