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ING GROEP ( (GB:0RIC) ) just unveiled an announcement.
ING announced progress on its €2.0 billion share buyback program, with 6,514,857 shares repurchased at an average price of €15.77, amounting to approximately 57% completion of the total program. This initiative aims to reduce share capital, reflecting the company’s strategic financial management, potentially enhancing shareholder value and market confidence.
More about ING GROEP
ING is a global financial institution with a strong European presence, offering a range of banking services through ING Bank. The company operates in over 100 countries with more than 60,000 employees, focusing on retail and wholesale banking. ING is committed to sustainability, as reflected in its high ESG ratings and inclusion in various sustainability indices.
YTD Price Performance: 5.59%
Average Trading Volume: 3,666,140
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €49.59B
Learn more about 0RIC stock on TipRanks’ Stock Analysis page.
