ING Groep Advances €2.0 Billion Share Buyback Programme

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ING Groep Advances €2.0 Billion Share Buyback Programme

ING Groep ( (ING) ) has shared an update.

ING Groep announced progress on its €2.0 billion share buyback programme with the repurchase of 5,593,653 shares in December 2024, totaling approximately €82.6 million. This initiative aims to reduce ING’s share capital, having already repurchased over 45 million shares at an average price of €14.97. The buyback represents 33.89% of the programme’s maximum total value, supporting ING’s strategy to enhance shareholder value.

More about ING Groep

ING is a global financial institution with a strong European base, providing retail and wholesale banking services to customers in over 40 countries. The company is committed to sustainability and holds a high ESG rating, reflecting its focus on empowering individuals and businesses.

YTD Price Performance: 10.62%

Average Trading Volume: 2,013,128

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $49.23B

See more data about ING stock on TipRanks’ Stock Analysis page.

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