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ING Advances Share Buyback, Bolsters Capital Efficiency

ING Advances Share Buyback, Bolsters Capital Efficiency

Ing Groep N.V. (ING) has released an update.

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ING Groep N.V. has made significant progress in its €2.5 billion share buyback program, repurchasing 7,746,345 shares at an average price of €15.88 each within the first week of May 2024. This buyback represents approximately 4.92% of the program’s total value, aimed at reducing the company’s share capital. ING remains a prominent global financial institution, emphasizing sustainability with high ESG ratings and a broad international presence.

For further insights into ING stock, check out TipRanks’ Stock Analysis page.

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