InterContinental Hotels Group executes share buybacks on London Stock Exchange

InterContinental Hotels Group (IHG) has executed multiple share repurchases on the London Stock Exchange through Goldman Sachs International.

On August 27, 2026, the company repurchased 75,937 ordinary shares at an average price of $164.0478, with prices ranging between $163.00 and $165.00. The company intends to cancel these shares. On the previous day, August 26, 2026, IHG repurchased 50,000 ordinary shares at an average price of $164.8548, with prices ranging from $163.50 to $165.95. These purchases were conducted under authority granted during the company’s Annual General Meeting on May 8, 2025.

Separately, Zacks Research upgraded IHG from a ‘strong sell’ to a ‘hold’ rating. Other analysts have provided varying outlooks, including a ‘buy’ rating from Jefferies Financial Group and a ‘market perform’ rating from Sanford C. Bernstein. The stock currently maintains a consensus price target of $174.50.