InterContinental Hotels Group PLC Announces Purchase of Own Shares

InterContinental Hotels Group PLC (IHG) has recently made an exciting move by purchasing its own shares on the London Stock Exchange. The company acquired 19,839 ordinary shares at prices ranging from £80.9800 to £82.3400 per share. The average price paid per share was £81.5018. This purchase was made in accordance with the authority granted by shareholders at IHG’s Annual General Meeting on May 3, 2024.

The intention behind this purchase is for IHG to cancel the acquired shares. Following this transaction, the company now has 161,439,270 ordinary shares in issue, excluding 7,006,782 held in treasury.

Goldman Sachs International (GSI) acted as the investment firm responsible for executing the purchase on behalf of IHG. The detailed breakdown of the individual purchases made by GSI can be found in the provided schedule.

IHG is a renowned hospitality company, known for its portfolio of well-known hotel brands such as InterContinental, Holiday Inn, and Crowne Plaza. This strategic move to purchase its own shares demonstrates IHG’s confidence in its future prospects and its commitment to enhancing shareholder value.

For further information, please contact:
– Investor Relations: Stuart Ford (+44 (0)7823 828 739); Aleksandar Milenkovic (+44 (0)7469 905 720); Joe Simpson (+44 (0)7976 862 072)
– Media Relations: Mike Ward (+44 (0)7795 257 407)

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