ING Groep (ING) has released an update.
ING Groep N.V. has made significant progress in its €2.5 billion share buyback program, repurchasing nearly 2.97 million shares at an average price of €17.00, nearing the halfway mark of the buyback plan. The company’s strong commitment to reducing its share capital is evidenced by the total expenditure of over €1.2 billion on the buyback to date. ING continues to maintain a robust presence in the financial sector, emphasizing sustainability and an ‘AA’ ESG rating by MSCI.
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