InterContinental Hotels (GB:IHG) has released an update.
InterContinental Hotels Group PLC has announced the buyback of 21,130 of its own ordinary shares on July 3, 2024, through Goldman Sachs International on the London Stock Exchange. The shares were bought at prices ranging from £81.80 to £82.56, with the average price being £82.19 per share. The company plans to cancel the acquired shares, which will reduce the number of shares in issue, excluding treasury shares.
For further insights into GB:IHG stock, check out TipRanks’ Stock Analysis page.
