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ING Groep ( (ING) ) has issued an announcement.
On February 18, 2025, ING Groep announced the progress of its €2.0 billion share buyback programme initiated in October 2024. During the week of February 10 to 14, 2025, the company repurchased 3,155,991 shares for a total of €50,886,112.91, achieving approximately 59.55% of the programme’s maximum total value. The initiative is part of ING’s strategy to reduce its share capital, potentially enhancing value for stakeholders and strengthening its position in the financial market.
More about ING Groep
ING is a global financial institution with a strong European base, offering both retail and wholesale banking services through its prominent subsidiary, ING Bank. The company operates in over 40 countries, serving a diverse range of customers with its more than 60,000 employees. ING is committed to sustainability, reflected in its high ESG ratings and inclusion in major sustainability and ESG index products.
YTD Price Performance: 10.88%
Average Trading Volume: 2,401,767
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $53.54B
See more data about ING stock on TipRanks’ Stock Analysis page.
