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ING Advances in €2 Billion Share Buyback Programme

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ING Advances in €2 Billion Share Buyback Programme

An announcement from ING GROEP ( (NL:INGA) ) is now available.

ING announced progress on its €2.0 billion share buyback programme, with 2,774,130 shares repurchased in the week of 10 March 2025, at an average price of €18.42. This brings the total shares repurchased under the programme to 89,937,951, amounting to approximately 69.72% of the programme’s maximum total value. This initiative aims to reduce ING’s share capital, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

More about ING GROEP

ING is a global financial institution with a strong European base, offering retail and wholesale banking services through its operating company ING Bank. It operates in over 100 countries with more than 60,000 employees. ING is committed to sustainability, with its ESG practices highly rated by independent providers. The company is listed on major stock exchanges in Amsterdam, Brussels, and New York.

YTD Price Performance: 23.61%

Average Trading Volume: 3,963,636

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €57.58B

For a thorough assessment of INGA stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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