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ING Groep ADR Rep 1 Ord Shs ING

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, 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

ING Groep ADR Rep 1 Ord Shs > Buy back is in full gear again
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Post by prestedon May 19, 2023 11:58am
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Post# 35456615

Buy back is in full gear again

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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