Ing Groep N.V. (ING) has released an update.
ING Groep N.V. has made significant progress in its €2.5 billion share buyback program, repurchasing over 21 million shares in early May 2024 at an average price of €16.06, amounting to a total of €350 million. With this latest buyback, ING has completed nearly 19% of the program, aimed at reducing the company’s share capital. The financial institution emphasizes its strong European presence and commitment to sustainability, maintaining an ‘AA’ ESG rating by MSCI.
For further insights into ING stock, check out TipRanks’ Stock Analysis page.
