Billion dollar windfall for Intercontinental investors

Intercontinental Hotels saw revenues rise in the first half of the year and said it would return one billion dollars to shareholders.

Intercontinental Hotels saw revenues rise in the first half of the year and said it would return one billion dollars to shareholders.

The funds will be returned to shareholders via a $500m special dividend, to be paid in the fourth quarter of 2012, and a $500m share buyback programme that will begin at the same time.

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