InterContinental Hotels (GB:IHG) has released an update.
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InterContinental Hotels Group PLC has repurchased 25,000 of its ordinary shares on the London Stock Exchange, with prices ranging from £96.20 to £97.06 per share, averaging £96.60. The company plans to cancel these shares, reducing the total number of shares in circulation, a move which could potentially impact the stock’s value.
For further insights into GB:IHG stock, check out TipRanks’ Stock Analysis page.
