InterContinental Hotels Group PLC completed a share repurchase of 150,000 ordinary shares on March 2 2026, buying the shares through Goldman Sachs International on the London Stock Exchange. The transaction was carried out under the authority granted by shareholders at the company’s May 8 2025 Annual General Meeting, and the shares were cancelled, reducing the company’s issued share capital.
After the repurchase, IHG’s outstanding shares (excluding treasury holdings) fell to 150,800,048, a reduction of 150,000 shares. The lower share count increases earnings per share if net income remains stable, providing a direct return to shareholders.
The buyback is part of a $950 million program that will run until December 29 2026 and is authorized for up to 11,073,831 shares. In 2025 IHG returned $900 million to investors through buybacks and paid $270 million in cash dividends, underscoring management’s confidence in the company’s valuation and its commitment to returning surplus capital.
Financially, IHG posted a 19% increase in pretax profit to $1.07 billion in 2025, with diluted earnings per share rising to 4.865 cents and revenue reaching $5.19 billion. In 2024 the company’s EPS was $3.90, down from $4.44 in 2023, while revenue grew 6.47% to $4.923 billion. The share repurchase occurs amid solid earnings and revenue growth, reinforcing the company’s strategy to enhance shareholder value.
Management has indicated confidence in the company’s growth prospects, announcing a final dividend of 125.9 US cents per share—a 10% increase from the prior year—while continuing to execute the buyback program as part of its broader capital‑return strategy.
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