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Financial Services

ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company's segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts,... see more

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ING Groep ADR Rep 1 Ord Shs > Buy back is in full gear again

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Post by prested on May 19, 2023 11:58am

Buy back is in full gear again

Tuesday, May 16, 2023, 2:00 AM ET

Progress on share buyback programme

Progress on share buyback programme

ING announced today that, as part of our EUR1.5 billion share buyback programme announced on 11 May 2023, the company repurchased 354,733 shares on 12 May 2023, closing the end of the first week of the programme.

The shares were repurchased at an average price of EUR11.70 for a total amount of EUR4,151,724.09. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at www.ing.com/investorrelations.

The total number of shares repurchased under this programme to date is 354,733 ordinary shares at an average price of EUR11.70 for a total consideration of EUR4,151,724.09. To date approximately 0.28% of the maximum total value of the share buyback programme has been completed.

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