The latest announcement is out from ING GROEP ( (GB:0RIC) ).
ING announced progress in its €2.0 billion share buyback programme, repurchasing over 3 million shares in a week, totaling approximately €51.39 million. This initiative, aimed at reducing share capital, has seen 62.12% completion, impacting the company’s financial structure and potentially enhancing shareholder value.
More about ING GROEP
ING is a global financial institution with a strong European base, offering retail and wholesale banking services through its operating company ING Bank to customers in over 100 countries. The company is committed to sustainability, with its ESG efforts recognized by independent ratings providers.
YTD Price Performance: 9.72%
Average Trading Volume: 3,803,636
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €51.44B
For a thorough assessment of 0RIC stock, go to TipRanks’ Stock Analysis page.