InterContinental Hotels Group and Shell execute multi‑million share buybacks

InterContinental Hotels Group PLC announced that on 15 May 2026 it repurchased 46,540 ordinary shares at an average price of $148.07 per share through Goldman Sachs International, with the intention to cancel the shares. Following this transaction the company reported a total of 149,747,713 ordinary shares outstanding, excluding treasury holdings. A further purchase was disclosed on 19 May 2026.

Shell plc also disclosed share‑repurchase activity, announcing purchases for cancellation on 18 May 2026 and again on 19 May 2026. Specific quantities and prices were not detailed in the brief notices.

Both companies listed the transactions as part of their ongoing capital‑return programmes, using the buybacks to reduce share count and potentially enhance shareholder value.