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ING Groep Nears Completion of €2.5 Billion Buyback

ING Groep Nears Completion of €2.5 Billion Buyback

ING GROEP (GB:0RIC) has released an update.

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ING Groep N.V. has progressed significantly in its €2.5 billion share buyback program, having repurchased 144.6 million shares at an average price of €15.95, reaching 92.29% completion of the program. The recent weekly buyback involved 4.16 million shares at an average price of €16.01, totaling over €66 million. ING’s consistent buyback efforts reflect its commitment to capital reduction and shareholder value enhancement.

For further insights into GB:0RIC stock, check out TipRanks’ Stock Analysis page.

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