tiprankstipranks
ING Progresses with Share Buyback Programme
Company Announcements

ING Progresses with Share Buyback Programme

Story Highlights

Invest with Confidence:

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

ING has repurchased 3,220,859 shares as part of its €2.0 billion share buyback programme, with 45.67% of the programme completed to date. This initiative aims to reduce the share capital and potentially enhance shareholder value, reflecting ING’s strategic financial management and commitment to its shareholders.

More about ING GROEP

ING is a global financial institution with a strong European base, providing banking services through ING Bank, with operations in over 40 countries. The institution prioritizes sustainability and is actively involved in financing sustainable activities while maintaining a presence in major sustainability and ESG index products.

YTD Price Performance: 6.42%

Average Trading Volume: 2,601,434

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €49.32B

For a thorough assessment of 0RIC stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App