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IHG announces share buyback after revenues rise 52%

The group also reinstated its interim dividend at 43.9 cents (36.23p), a level 10% higher than when it was last paid in 2019

IHG Hotels and Resorts has announced a $500m (£412.6m) share buyback after the group reported that its revenue has more than doubled, rising by 52% in its results for the half-year to 30 June 2022. 

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