InterContinental Hotels (GB:IHG) has released an update.
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InterContinental Hotels Group PLC has repurchased 10,000 of its ordinary shares at an average price of £94.9898 per share, as part of its share buyback program. This move, executed through Goldman Sachs International, aligns with the company’s strategy to enhance shareholder value. Following this transaction, the company has a total of 158,722,846 ordinary shares in circulation, excluding those held in treasury.
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