[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [BUSINESS]

7 clusters · 12 sources · 43 days · First seen · Last updated

InterContinental Hotels Group share buybacks

Overview

InterContinental Hotels Group (IHG) continued its ongoing share‑buyback programme throughout mid‑2026. On 29 June the company repurchased 74,905 ordinary shares on the London Stock Exchange through Goldman Sachs International at an average price of £172.89, bringing the outstanding count to 149,038,971 (excluding about 5.43 million treasury shares). A week later, on 3 July, IHG bought 38,645 shares at an average $166.44, reducing the issue to 148,855,326 shares. The programme proceeded with a further 40,000‑share purchase on 7 July and 9 July at an average $162.43, valued at roughly $6.5 million, cutting the total to around 148.7 million shares.

In late July, the company executed several small-scale repurchases with the intent to cancel the shares. On 24 July, IHG bought 1,000 shares at an average price of $154.2605, leaving 148,605,282 shares in issue. This was followed by a 29 July purchase of 1,000 shares at an average of $160.50, which reduced the outstanding count to 148,602,282. A final July tranche on 31 July involved 1,000 shares bought at an average of $161.00, bringing the total to 148,600,282 shares. These transactions occurred alongside a Zacks Research downgrade from “hold” to “strong sell” due to performance concerns.

During this period, Renaissance Technologies increased its IHG holding to 60,600 shares, valued at approximately $8.1 million. On 11 August, IHG repurchased an additional 16,166 shares at an average price of $154.6759, which the company also intends to cancel.

Entities

Goldman Sachs International · InterContinental Hotels Group PLC · Renaissance Technologies LLC · Clifford Abrahams · London Stock Exchange

Timeline

  1. 1 day ago

    [BUSINESS] 3 sources
    IG Group and InterContinental Hotels Group announce share transactions

    Clifford Abrahams purchased 5,000 shares of IG Group, while InterContinental Hotels Group PLC executed a buyback of 16,166 shares on the London Stock Exchange.

  2. 10 days ago

    [BUSINESS] 2 sources
    InterContinental Hotels Group gains Renaissance Technologies stake and cancels 1,000 shares

    Renaissance Technologies raised its IHG stake to 60,600 shares worth $8.1 M, while IHG bought back and will cancel 1,000 shares at an average $161 each.

  3. 14 days ago

    [BUSINESS] 2 sources
    InterContinental Hotels Group Downgraded to Strong Sell as Share Buyback Cancellation Announced

    InterContinental Hotels Group was downgraded to a strong‑sell by Zacks and announced the cancellation of a 1,000‑share buyback at an average of $160.50 per share.

  4. 17 days ago

    [BUSINESS] 4 sources
    InterContinental Hotels Group cancels 1,000 repurchased shares

    InterContinental Hotels Group repurchased 1,000 shares on 24 July 2026 via Goldman Sachs International and will cancel them, leaving 148.6 million shares issued.

  5. about 1 month ago

    [BUSINESS] 2 sources
    InterContinental Hotels Group completes $6.5 million share buyback, cancels 40,000 shares

    IHG bought back and will cancel 40,000 shares in July 2026, spending about $6.5 million and cutting its issued share count to roughly 148.7 million.

  6. about 1 month ago

    [BUSINESS] 4 sources
    InterContinental Hotels Group completes July share buyback of 38,645 shares

    InterContinental Hotels Group bought back 38,645 shares on 3 July 2026 at an average price of $166.44, to be cancelled, leaving 148.86 million shares outstanding.

  7. about 1 month ago

    [BUSINESS] 3 sources
    UK listed InterContinental Hotels Group and ICG plc announce sizeable share buybacks

    InterContinental Hotels Group and ICG plc each announced June 2026 share buybacks on the London Stock Exchange, outlining purchase volumes, prices and plans to cancel the shares.

Sources

blackmusic.com · citizen-nantes.com · DigitalMediaNet.com · digitalmedianet.com · givetohelp.org · iplcricketmatch.com · mommygearest.com · pressreach.com · shoalin.org · sm-liiga.fi · stocknews.com · stocktitan.net

This summary has been updated 3 times: see revision history