ING Groep announces EUR 2B share buyback program, EUR 500M cash dividend
The Fly

ING Groep announces EUR 2B share buyback program, EUR 500M cash dividend

ING announced an additional shareholder distribution of up to EUR 2.5B. The distribution consists of a share buyback program for a maximum total amount of EUR 2B and a cash dividend payment of EUR 500M. The purpose of the additional distribution is to converge our CET1 ratio towards our target of around 12.5%.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App