InterContinental Hotels (GB:IHG) has released an update.
InterContinental Hotels Group PLC successfully purchased 20,000 of its own ordinary shares on July 24, 2024, with prices ranging from £80.86 to £83.18 per share, averaging at £81.8383. The company plans to cancel these shares, which will result in a reduced number of shares in issue. This buyback operation, executed through Goldman Sachs International, underscores the company’s ongoing strategy to manage its share capital.
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