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ING GROEP ( (GB:0RIC) ) just unveiled an update.
ING has made progress on its €2.0 billion share buyback programme, having repurchased 3,176,897 shares during the week of January 20-24, 2025, at an average price of €15.98, totaling approximately €50.75 million. This marks 48.21% completion of the programme, reflecting the company’s strategy to reduce its share capital, which may influence both its market positioning and shareholder value.
More about ING GROEP
ING is a global financial institution with a strong European base, providing banking services through ING Bank. The bank operates in retail and wholesale banking sectors, serving customers in over 40 countries. ING is committed to sustainability, with its policies and actions assessed by independent research and ratings providers, and is included in major sustainability and ESG index products.
YTD Price Performance: 6.90%
Average Trading Volume: 3,266,274
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €49.75B
See more insights into 0RIC stock on TipRanks’ Stock Analysis page.
