# InterContinental Hotels Group share buybacks > Live situation record from CLSTR: https://clstr.news/situations/intercontinental-hotels-group-share-buybacks > Updated: 2026-08-11T05:07:49.000Z. Sources: 12. Developments: 7. 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. ## Timeline ### 2026-08-11: 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. 3 sources. https://clstr.news/cluster/ig-group-and-intercontinental-hotels-group-announce-share-transactions ### 2026-08-03: 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. 2 sources. https://clstr.news/cluster/intercontinental-hotels-group-gains-renaissance-technologies-stake-and-cancels-1000-shares ### 2026-07-30: 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. 2 sources. https://clstr.news/cluster/intercontinental-hotels-group-downgraded-to-strong-sell-as-share-buyback-cancellation-announced ### 2026-07-27: 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. 4 sources. https://clstr.news/cluster/intercontinental-hotels-group-cancels-1000-repurchased-shares ### 2026-07-08: 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. 2 sources. https://clstr.news/cluster/intercontinental-hotels-group-completes-65-million-share-buyback-cancels-40000-shares ### 2026-07-06: 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. 4 sources. https://clstr.news/cluster/intercontinental-hotels-group-completes-july-share-buyback-of-38645-shares ### 2026-06-29: 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. 3 sources. https://clstr.news/cluster/ing-completes-over-onethird-of-1-bn-share-buyback-programme --- Cite as: InterContinental Hotels Group share buybacks. CLSTR, https://clstr.news/situations/intercontinental-hotels-group-share-buybacks