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InterContinental Hotels ( (GB:IHG) ) has issued an update.
InterContinental Hotels Group PLC has announced a notification of major holdings following an acquisition or disposal of voting rights by Fiera Capital Corporation. The transaction resulted in Fiera Capital holding 4.375% of voting rights, which are attached to 6,933,553 shares of the company. This update signifies a shift in stakeholder dynamics and could impact the company’s governance and decision-making processes.
More about InterContinental Hotels
InterContinental Hotels Group PLC is a prominent player in the hospitality industry, offering a wide range of hotel and resort services globally. The company focuses on providing luxury and mid-scale accommodations, catering to various market segments including leisure and business travelers.
YTD Price Performance: 4.38%
Average Trading Volume: 383,072
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £16.4B
See more insights into IHG stock on TipRanks’ Stock Analysis page.
