Progress on share buyback programme
Progress on share buybackprogramme
ING announced today that, in line with the launch of its €380 million share buyback programme announced on 6 May 2022, the company has repurchased 1,900,326 shares during the week of 12 May 2022 up to and including 13 May 2022.
The shares were repurchased at an average price of €8.97 for a total amount of €17,040,873.25. 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 1,900,326 ordinary shares at an average price of €8.97 for a total consideration of €17,040,873.25. To date approximately 4.48% of the maximum total value of the share buyback programme has been completed.
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ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s more than 57,000 employees off er retail and wholesale banking services to customers in over 40 countries.
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