Intercontinental Hotels (IHG) has released an update.
InterContinental Hotels Group PLC has recently reported a buyback of 8,000 of its own shares on the London Stock Exchange, executed through Goldman Sachs International. The share buyback, which took place on March 22, 2024, saw shares purchased at prices ranging from £80.9000 to £81.8200, with the intention of canceling these shares. This move follows the authority granted by shareholders at the last Annual General Meeting and is part of the company’s ongoing capital management strategy.
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