Bullboard - Stock Discussion Forum 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,... see more

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ING Groep ADR Rep 1 Ord Shs > Buying opportinity IMO

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Post by prested on Sep 22, 2023 1:00pm

Buying opportinity IMO

No reason for the recent pull back. Going to $15 in the short term and with a dividend yiled at current SP of 6.9% and an active share buy back still ongoing, seems like a no brainer.

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Comment by rad10 on Sep 22, 2023 2:34pm

7% drop fro what? Can't find anything

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Comment by rad10 on Sep 23, 2023 10:31am

The reason is some Dutch opposition proposed legislation to taxing buybacks etc. Legislation that is unlikely to pass. Indeed this is a great opportunity.

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ING Groep ADR Rep 1 Ord Shs