ING Groep N.V.

INGA

NL0011821202

Banks

Market Closed - Euronext Amsterdam Other stock markets 16:35:09 13/09/2024 BST			After market 18:58:47
16.44 ^EUR	+1.13%		16.39	-0.26%

09-12	Our read-across of UCG’s move
09-04	Study: Interest rates boost Europe's banks - German institutions weaken	DP

ING: strong acceleration of weekly share buybacks

August 13, 2024 at 08:03 am

ING announces that, as part of its 2.5 billion euro share buyback program announced on May 2, it bought back almost 16.8 million shares last week, at an average price of 15.01 euros, for a total outlay of 251.6 million euros.

These figures mark a sharp acceleration in share buy-backs, since in the previous week, the Dutch bank had acquired only 3.25 million of its own shares at an average price of 16.55 euros, representing a total outlay of almost 53.8 million.

The total number of shares bought back by ING under its program thus stands at over 95.1 million to date, for a total of almost 1.52 billion euros, or around 60.9% of the program's maximum total value.

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Latest news about ING Groep N.V.

Our read-across of UCG’s move	09-12
Study: Interest rates boost Europe's banks - German institutions weaken	09-04	DP
ING: share buy-backs sharply curbed	09-03	CF
Berenberg Raises Price Target on ING Groep to EUR20 From EUR19.50, Keeps Buy Rating	08-29	MT
ING GROEP N.V. : Berenberg gives a Buy rating	08-29	ZD
European Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading	08-28	MT
European Equities Traded in the US as American Depositary Receipts Higher in Tuesday Trading	08-27	MT
ING: slowdown in weekly share buybacks	08-27	CF
ING: nearly 72% of share buyback program completed	08-20	CF
INDIA RUPEE-Rupee to rise on mounting confidence over multiple Fed cut rates	08-14	RE
ING GROEP N.V. : Receives a Buy rating from Deutsche Bank	08-13	ZD
ING: strong acceleration of weekly share buybacks	08-13	CF
Navigator Holdings' Units Sign $147.6 Million Loan, Revolving Credit Facility for Debt Refinancing, Vessel Repurchase	08-12	MT
ING GROEP N.V. : DZ Bank reiterates its Neutral rating	08-12	ZD
ING GROEP N.V. : RBC reiterates its Neutral rating	08-05	ZD
Global markets live: Wells Fargo, Nintendo, Apple, Amazon, Alphabet...	08-02
ING GROEP N.V. : Gets a Buy rating from Berenberg	08-02	ZD
ING GROEP N.V. : UBS gives a Buy rating	08-02	ZD
ING GROEP N.V. : Goldman Sachs gives a Neutral rating	08-02	ZD
ING GROEP N.V. : JP Morgan reiterates its Buy rating	08-01	ZD
Tranche Update on Voya Financial, Inc.'s Equity Buyback Plan announced on March 18, 2014.	08-01	CI
Global markets live: Shell, Chevron, Boeing, Walt Disney, Qualcomm...	08-01
ING favors mergers with a digital focus - Commerzbank not in focus	08-01	RE
Bank Stocks Lead European Equities Traded in the US as American Depositary Receipts Sharply Lower Thursday	08-01	MT
ING GROUP : Q2: confirmed 2024 outlook; fee and lending momentum continues	08-01

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Company Profile

ING Groep N.V. is the leading financial services group in Benelux. Income breaks down by activity as follows: - retail banking (66.7%). Revenues breaks down by country between the Netherlands (33.2%), Germany (20.9%), Belgium (17.8%), and other (28.1%); - corporate banking (31.3%); - other (2%). At the end of 2023, the group managed EUR 650.3 billion in current deposits and EUR 642.4 billion in current credits.

Employees

60,000

Sector

Banks

Calendar

30/10/2024 - Q3 2024 Earnings Release

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