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ING GROEP ( (GB:0RIC) ) just unveiled an update.
ING Group has completed a share repurchase program aimed at fulfilling its obligations under share-based compensation plans for employees. The program involved repurchasing 3,674,043 ordinary shares at an average price of €17.44, totaling €64.08 million. This move is part of ING’s strategy to manage its employee compensation effectively, which could have implications for its financial management and investor relations.
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. With over 60,000 employees, ING serves customers in more than 100 countries. The company is committed to sustainability, as evidenced by its high ESG ratings and inclusion in major sustainability and ESG index products.
YTD Price Performance: 13.59%
Average Trading Volume: 3,677,861
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €53.24B
See more data about 0RIC stock on TipRanks’ Stock Analysis page.