ING Groep Advances Share Buyback Program

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https://www.tipranks.com/news/the-fly/lemonade-down-over-6-as-california-wildfires-continue

ING Groep (ING) has released an update.

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ING Groep has made significant progress in its €2 billion share buyback program, recently repurchasing over 5.5 million shares at an average price of €14.82. This move aims to reduce their share capital, with approximately 25.62% of the program’s total value already completed. The program underscores ING’s strategic efforts to optimize capital allocation and enhance shareholder value.

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