Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

ING Groep ADR Rep 1 Ord Shs ING

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, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease. The Company's Retail Banking business lines provide products and services to individuals, small and medium-sized enterprises (SMEs) and mid-corporates. ING's banking activities in Australia are undertaken by ING Bank (Australia) Limited (trading as ING Direct) and ING Bank NV Sydney Branch.


NYSE:ING - Post by User

Post by prestedon Dec 13, 2022 10:48am
152 Views
Post# 35168384

This is a cash cow!

This is a cash cow!
Tuesday, December 13, 2022, 2:00 AM ET
 

Progress on share buyback programme

Progress on share buyback programme

ING announced today that, in line with the launch of its EUR1,5 billion share buyback programme announced on 3 November 2022, the company has repurchased 18,866,693 shares during the week of 5 December 2022 up to and including 9 December 2022.

The shares were repurchased at an average price of EUR11.33 for a total amount of EUR213,672,861.03. 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 101,834,909 ordinary shares at an average price of EUR11.25 for a total consideration of EUR1,145,413,461.73. To date approximately 76.36% of the maximum total value of the share buyback programme has been completed.
<< Previous
Bullboard Posts
Next >>