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InterContinental Hotels Executes Share Buyback

InterContinental Hotels Executes Share Buyback

InterContinental Hotels (GB:IHG) has released an update.

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InterContinental Hotels Group PLC has announced the buyback of 19,959 of its ordinary shares on April 22, 2024, for prices ranging from £78.2400 to £79.2600 per share. The company plans to cancel these shares, which will reduce the total number of ordinary shares in issue, excluding treasury shares. The repurchase is part of a program authorized by shareholders during the last Annual General Meeting.

For further insights into GB:IHG stock, check out TipRanks’ Stock Analysis page.

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