Progress on share buyback programme
Progress on share buyback programme
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 3,737,250 shares during the week of 27 June 2022 up to and including 1 July 2022.
The shares were repurchased at an average price of €9.43 for a total amount of €35,247,291.13. 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 25,185,568 ordinary shares at an average price of €9.61 for a total consideration of €241,969,738.83. To date approximately 63.68% of the maximum total value of the share buyback programme has been completed.
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