InterContinental Hotels Executes Share Buyback
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InterContinental Hotels Executes Share Buyback

InterContinental Hotels (GB:IHG) has released an update.

InterContinental Hotels Group PLC has reported the purchase of 39,943 of its own ordinary shares on August 15, 2024, at a volume-weighted average price of £74.3444 per share. The transaction was conducted through Goldman Sachs International on the London Stock Exchange, with the shares to be cancelled, leaving the company with 159,808,468 shares in issue. This move is part of the share repurchase program authorized by shareholders earlier that year.

For further insights into GB:IHG stock, check out TipRanks’ Stock Analysis page.

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