Progress on share buyback programme
ING announced today that, as part of our €2.5 billion share buyback programme announced on 2 May 2024, the company repurchased 3,088,711 shares during the week of 27 May 2024 up to and including 31 May 2024.
The shares were repurchased at an average price of €16.30 for a total amount of €50,351,323.59. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at www.ing.com/investorrelations.
In line with the purpose of the programme to reduce the share capital of ING, the total number of shares repurchased under this programme to date is 50,465,518 ordinary shares at an average price of €16.13 for a total consideration of €813,848,830.91. To date approximately 32.55% of the maximum total value of the share buyback programme has been completed.
Note for editors
For more on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via X @ING_news feed. Photos of ING operations, buildings and its executives are available for download at Flickr.
Press enquiries
Investor enquiries
Christoph Linke
ING Group Investor Relations
+31 20 576 5000
+31 20 576 6396
[email protected]
[email protected]
ING PROFILE
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
Sustainability is an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks. ING’s Environmental, Social and Governance (ESG) rating by MSCI was affirmed ‘AA’ in July 2023. As of December 2023, Sustainalytics considers ING’s management of ESG material risk to be ‘strong’. ING Group shares are also included in major sustainability and ESG index products of leading providers Euronext, STOXX, Morningstar and FTSE Russell.
Important legal information
Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014 (‘Market Abuse Regulation’).
ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- …
Full story available on Benzinga.com
Progress on share buyback programme
ING announced today that, as part of our €2.5 billion share buyback programme announced on 2 May 2024, the company repurchased 3,088,711 shares during the week of 27 May 2024 up to and including 31 May 2024.
The shares were repurchased at an average price of €16.30 for a total amount of €50,351,323.59. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at www.ing.com/investorrelations.
In line with the purpose of the programme to reduce the share capital of ING, the total number of shares repurchased under this programme to date is 50,465,518 ordinary shares at an average price of €16.13 for a total consideration of €813,848,830.91. To date approximately 32.55% of the maximum total value of the share buyback programme has been completed.
Note for editors
For more on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via X @ING_news feed. Photos of ING operations, buildings and its executives are available for download at Flickr.
Press enquiries
Investor enquiries
Christoph Linke
ING Group Investor Relations
+31 20 576 5000
+31 20 576 6396
[email protected]
[email protected]
ING PROFILE
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
Sustainability is an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks. ING’s Environmental, Social and Governance (ESG) rating by MSCI was affirmed ‘AA’ in July 2023. As of December 2023, Sustainalytics considers ING’s management of ESG material risk to be ‘strong’. ING Group shares are also included in major sustainability and ESG index products of leading providers Euronext, STOXX, Morningstar and FTSE Russell.
Important legal information
Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014 (‘Market Abuse Regulation’).
ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- …
Full story available on Benzinga.com
Progress on share buyback programme
ING announced today that, as part of our €2.5 billion share buyback programme announced on 2 May 2024, the company repurchased 3,088,711 shares during the week of 27 May 2024 up to and including 31 May 2024.
The shares were repurchased at an average price of €16.30 for a total amount of €50,351,323.59. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at www.ing.com/investorrelations.
In line with the purpose of the programme to reduce the share capital of ING, the total number of shares repurchased under this programme to date is 50,465,518 ordinary shares at an average price of €16.13 for a total consideration of €813,848,830.91. To date approximately 32.55% of the maximum total value of the share buyback programme has been completed.
Note for editors
For more on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via X @ING_news feed. Photos of ING operations, buildings and its executives are available for download at Flickr.
Press enquiries
Investor enquiries
Christoph Linke
ING Group Investor Relations
+31 20 576 5000
+31 20 576 6396
[email protected]
[email protected]
ING PROFILEING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
Sustainability is an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks. ING’s Environmental, Social and Governance (ESG) rating by MSCI was affirmed ‘AA’ in July 2023. As of December 2023, Sustainalytics considers ING’s management of ESG material risk to be ‘strong’. ING Group shares are also included in major sustainability and ESG index products of leading providers Euronext, STOXX, Morningstar and FTSE Russell.
Important legal information
Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014 (‘Market Abuse Regulation’).
ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- …Full story available on Benzinga.com Read MoreNews, Press Releases News
