IHG Cancels Repurchased Shares Amid Ongoing Buyback Programme

InterContinental Hotels Group PLC (GB:IHG) has continued its share buyback programme, cancelling 80,000 ordinary shares that were repurchased on September 18, 2026 for an average price of $152.4493 per share.

The cancellation reduces the company's outstanding share count and tightens the free float, which may enhance earnings per share and signal continued confidence in IHG's financial position.

This latest purchase is part of a broader programme of share repurchases instructed earlier in 2026, indicating an ongoing strategy rather than a one-off action. The use of Goldman Sachs International to conduct the buyback on the London Stock Exchange highlights standard market practice and supports orderly execution in line with regulatory and shareholder expectations.