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NSE:SHERA 8 April 2026

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  • InterContinental Hotels Group PLC Buys Back 40,000 Shares, Plans Cancellation
    May 21, 2026, 4:20 AM EDT. InterContinental Hotels Group PLC repurchased 40,000 of its ordinary shares on May 20, 2026, through Goldman Sachs International on the London Stock Exchange. The purchase prices ranged from $150.15 to $154.95 per share, averaging $152.06. These shares are to be cancelled, reducing the total shares outstanding to 149,627,985, excluding 5,431,782 held in treasury. This buyback is part of the authority granted by shareholders at the 2025 Annual General Meeting and was executed following instructions issued earlier in February. The share repurchase reflects the company's ongoing capital management strategy.

Latest articles

EasyJet Share Price Alert: Fuel Shock Puts Summer Rebound Under Pressure

EasyJet Share Price Alert: Fuel Shock Puts Summer Rebound Under Pressure

21 May 2026
EasyJet shares fell 0.6% to 344.9 pence in early London trading after the airline posted a £552 million first-half loss and warned of an uncertain full-year outlook due to higher fuel costs and weaker summer bookings. The company is 72% hedged on fuel but remains exposed to spot prices, which have surged after the Iran conflict. Bookings for the second half are 58% sold, reflecting shorter lead times.
SpaceX IPO Could Hand Musk Ally a $100 Billion Payday—and Put Valor Under the Microscope

SpaceX IPO Could Hand Musk Ally a $100 Billion Payday—and Put Valor Under the Microscope

21 May 2026
Antonio Gracias, founder of Valor Equity Partners, holds about 7.3% of SpaceX’s Class A stock, valued at roughly $91.6 billion at a $1.5 trillion valuation, according to a regulatory filing. The same filing disclosed over $20 billion in AI infrastructure lease obligations tied to Valor-linked entities. SpaceX is targeting a $1.75 trillion IPO valuation, with a possible June 12 Nasdaq debut.
Mortgage Rates Today: 30-Year Fixed Dips to 6.43%, but Spring Buyers Get Little Relief

UK mortgage rates shift as major lenders diverge on pricing

21 May 2026
NatWest raised selected mortgage rates by up to 24 basis points from May 21, while Barclays and Santander cut some high loan-to-value deals. The Bank of England base rate remains at 3.75%. UK Finance expects 1.8 million fixed-rate mortgages to end in 2026, with average two- and five-year fixed rates at 5.14% and 5.15% respectively, according to Rightmove.
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