ING Groep (ING) has released an update.
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ING Groep has made significant progress in its €2.5 billion share buyback program, repurchasing 14.75 million shares at an average price of €16.25, amounting to €239.87 million in one week. Approximately 28.52% of the program’s maximum value has been utilized to date, with the goal of reducing the company’s share capital. ING is a global financial institution with a strong European presence and is committed to ESG principles, as reflected in its high ratings from MSCI and Sustainalytics.
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