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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.