tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ING Groep Advances in €2 Billion Share Buyback

ING Groep Advances in €2 Billion Share Buyback

ING Groep (ING) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

ING Groep has repurchased over 4 million shares as part of its €2 billion share buyback program, reflecting its strategy to reduce share capital. The shares were bought at an average price of €15.64, totaling nearly €63 million, representing 3.14% of the program’s total value. This move is part of ING’s ongoing efforts to enhance shareholder value and manage its capital structure efficiently.

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1