InterContinental Hotels (GB:IHG) has released an update.
InterContinental Hotels Group PLC has bought back 20,000 of its own shares on 18 July 2024, with prices ranging from £82.00 to £82.88 per share, averaging at £82.4885, in a move to reduce its share capital. These shares will be cancelled, leaving the company with 161,273,968 ordinary shares in issue, excluding those held in treasury. The repurchase was carried out through Goldman Sachs International on the London Stock Exchange, following prior authorization from shareholders.
For further insights into GB:IHG stock, check out TipRanks’ Stock Analysis page.
