MAY 27·californiatelegraph.com→
InterContinental Hotels Group PLC Announces Transaction in Own Shares
InterContinental Hotels Group PLC said it bought ordinary shares on 26 May 2026 via Goldman Sachs International on the London Stock Exchange under a shareholder-authorized buyback. The company plans to cancel the purchased shares. After the transaction, it has 149,557,985 ordinary shares outstanding (excluding 5,431,782 held in treasury).
MAY 19·AD HOC NEWS▲
InterContinental Hotels Group stock (GB00BHJYC057): growth plans and cash returns after latest trading update
InterContinental Hotels Group (IHG) has reported solid trading at the start of 2025, confirming ongoing share buybacks and focusing on its franchise-led growth model. The company's "asset-light" approach, emphasizing franchised and managed hotels, generates fee-based revenue and limits capital intensity, making earnings scalable. IHG aims to return surplus cash to shareholders while investing in new hotels, leveraging its diversified brand portfolio and loyalty program to navigate industry challenges and deliver returns.