ING GROEP (GB:0RIC) has released an update.
ING GROEP has made significant progress in its €2.5 billion share buyback program, repurchasing nearly 18 million shares at an average price of €15.43 each in one week, amounting to €276 million. This latest action brings the total buyback to over 113 million shares at an average price of €15.91, with the program now approximately 72% complete. The initiative is aimed at reducing the company’s share capital and providing value to shareholders.
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