ING Groep (ING) has released an update.
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ING Groep has repurchased over 4 million shares as part of its €2 billion share buyback program, reflecting its strategy to reduce share capital. The shares were bought at an average price of €15.64, totaling nearly €63 million, representing 3.14% of the program’s total value. This move is part of ING’s ongoing efforts to enhance shareholder value and manage its capital structure efficiently.
For further insights into ING stock, check out TipRanks’ Stock Analysis page.
