ING Groep (ING) has released an update.
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ING Groep has made progress in its €2.0 billion share buyback program, repurchasing over 7.7 million shares at an average price of €15.35 in the past week, totaling approximately €118.2 million. This brings the total shares repurchased to date to over 11.7 million, amounting to about 9.05% of the program’s maximum value. The initiative aims to reduce the company’s share capital, signaling a strategic move to bolster shareholder value.
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