ING: share buyback program finalized

(CercleFinance.com) - ING announced on Wednesday that it had finalized the 2.
5 billion euro share buyback program it had formalized in November 2023.

In a financial notice, the Dutch banking group said it had acquired a total of 194,812,543 ordinary shares during the entire program period, based on an average unit price of 12.87 euros.

During the last week of the program, which ended on February 5, 2,977,217 shares were bought back at an average price of 12.14 euros, representing a total investment of 36.1 million euros.977,217 shares were bought back at an average price of 12.14 euros, representing a total investment of 36.1 million euros.

The financial services group plans to unveil its new plans in terms of capital redistribution when it publishes its first-quarter results, scheduled for May 2.

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