ING GROEP (GB:0RIC) has released an update.
ING Groep N.V. has made significant progress in its €2.5 billion share buyback program, repurchasing 3,120,264 shares in the last week of September 2024 at an average price of €16.52. With this, the company has now bought back approximately 89.63% of the planned total, amounting to over €2.24 billion spent on 140,486,232 shares. This effort aligns with ING’s goal to reduce its share capital.
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