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ING GROEP ( (GB:0RIC) ) has provided an update.
ING has announced progress in its €2.0 billion share buyback program, having repurchased 4,224,603 shares in the last week of February 2025 at an average price of €16.69, totaling €70.5 million. This initiative aims to reduce the company’s share capital, with 65.64% of the program completed to date, potentially enhancing shareholder value and strengthening ING’s market position.
More about ING GROEP
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The company provides retail and wholesale banking services to customers in over 100 countries and is committed to sustainability, as evidenced by its high ESG ratings and inclusion in major sustainability indices.
YTD Price Performance: 13.59%
Average Trading Volume: 3,677,861
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €53.24B
See more insights into 0RIC stock on TipRanks’ Stock Analysis page.