ING GROEP (GB:0RIC) has released an update.
ING Groep N.V. has made significant progress in its €2.5 billion share buyback program, having repurchased over 3.25 million shares at an average price of €16.55 during the final week of July 2024. The total shares bought back under this program has now reached nearly 78.4 million, utilizing over 50% of the allotted funds. This initiative aligns with ING’s strategy to reduce share capital and provide value to shareholders.
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