InterContinental Hotels (GB:IHG) has released an update.
InterContinental Hotels Group PLC has bought back 10,000 of its own shares on 5th July 2024, with prices ranging from £80.4600 to £82.7800 per share, averaging at £81.5973. The company, following this transaction, plans to cancel these shares, which will leave them with 161,475,298 ordinary shares in issue, excluding those held in treasury. This move is part of the company’s strategy as authorized by shareholders during the Annual General Meeting earlier in May.
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