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ING Groep N.V. to Redeem Perpetual Capital Securities in Capital Optimization Move

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ING Groep N.V. to Redeem Perpetual Capital Securities in Capital Optimization Move

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The latest update is out from ING Groep ( (ING) ).

On February 20, 2025, ING Groep N.V. announced its decision to redeem USD 1,250 million of its 6.500% Perpetual Additional Tier 1 Contingent Convertible Capital Securities by April 16, 2025, as part of its ongoing efforts to optimize its capital structure. This move reflects ING’s strategic financial management approach, considering market conditions, regulatory requirements, and stakeholder interests, and is expected to positively impact the company’s capital efficiency.

More about ING Groep

ING Groep N.V. is a global financial institution with a strong European base, providing retail and wholesale banking services through its operating company, ING Bank. The company operates in over 40 countries and employs more than 60,000 people. ING is focused on sustainability and has been recognized for its efforts in environmental, social, and governance (ESG) matters, maintaining a strong ESG rating and being included in several major sustainability and ESG indices.

YTD Price Performance: 10.88%

Average Trading Volume: 2,401,767

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $53.54B

For an in-depth examination of ING stock, go to TipRanks’ Stock Analysis page.

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