LSE:IHG

IHG Trades Near Its Peak With Buybacks in Focus
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IHG Trades Near Its Peak With Buybacks in Focus

InterContinental Hotels Group shares rose 0.7% to $149.50 in London on Monday after a new buyback notice, keeping the stock near its recent highs. IHG said it bought and cancelled 46,540 shares on May 15, leaving 149.75 million in issue. First-quarter RevPAR rose 4.4% globally, but Middle East RevPAR fell 2% and dropped about 50% in April. The FTSE 100 edged higher; FTSE 250 slipped.
May 18, 2026

Stock Market Today

  • Top 2 ASX Shares to Buy and Hold for the Next Decade
    May 29, 2026, 8:30 PM EDT. Two ASX shares stand out for long-term growth potential: Lovisa Holdings Ltd (ASX: LOV) and the Global X S&P World Ex Australia GARP ETF (ASX: GARP). Lovisa, a fast-growing affordable jewellery retailer, is expanding its global footprint with a 6.3% store increase recently, boosted by strong 20% revenue and profit growth. Its valuation stands at under 19 times estimated FY28 earnings per share, signaling potential value. Meanwhile, the GARP ETF invests in 250 global companies with growth-at-a-reasonable-price traits, targeting firms with solid sales, earnings, attractive price/earnings ratios, and strong financial quality, positioning it for potential market-beating returns. These choices reflect solid growth and value strategies aimed at outperforming the S&P/ASX 200 Index over the next decade.