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 over 21 million shares in early May 2024 at an average price of €16.06, amounting to a total of €350 million. With this latest buyback, ING has completed nearly 19% of the program, aimed at reducing the company’s share capital. The financial institution emphasizes its strong European presence and commitment to sustainability, maintaining an ‘AA’ ESG rating by MSCI.
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