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1 story · First covered Jul 5, 2026 · Latest 2h ago
London Stock Exchange Coverage
IHG Is Buying Back $950M in Stock. The Per-Share Math Favors Wall Street, Not Hotel Owners.

IHG Is Buying Back $950M in Stock. The Per-Share Math Favors Wall Street, Not Hotel Owners.

IHG's buyback program is now absorbing nearly 10% of daily London trading volume, artificially compressing the float while the stock trades at 30x earnings. If you're an owner paying 15-20% of revenue in brand fees, it's worth asking where that capital allocation leaves you.