ING to nominate Alexandra Reich as member of the Supervisory Board, releases proxy materials for 2023 AGM
ING will propose to the Annual General Meeting (AGM) on Monday 24 April 2023 to appoint Alexandra Reich to the Supervisory Board. Upon decision by the AGM, the appointment of Alexandra Reich will be effective as of the end of the AGM. The proposed appointment is part of the agenda for the 2023 AGM as published today and has been approved by the European Central Bank.
ING completes share repurchase for employee compensation
ING Group announced today that it has completed the share repurchase for employee compensation which started on 1 March 2023. The total number of shares repurchased under the programme is 3,155,748 ordinary shares at an average price of EUR 13.18 for a total consideration of EUR 41,604,305.25.
ING to nominate Karl Guha as Supervisory Board chairman
ING announced today that it will propose to appoint Karl Guha to the Supervisory Board at the Annual General Meeting to be held on 24 April 2023. Upon decision by the AGM, the appointment will be effective as of the end of the AGM. It is the intention of the Supervisory Board to elect Karl Guha as its chairman effective 1 July 2023. He will then succeed Hans Wijers, who will retire from the Supervisory Board as of that date, as was announced on 2 February 2023.
ING to repurchase shares for employee compensation
ING announced today the start of a share repurchase programme under which it plans to repurchase ordinary shares of ING Groep N.V., for a maximum total amount of €50 million. The purpose of the share repurchase programme is to meet obligations under the share-based compensation plans.
ING completes share buyback programme; remaining €297 million cash to be paid to shareholders in January
ING announced today that it has completed the share buyback programme which started on 3 November 2022. The total number of shares repurchased under the programme is 107,032,745 ordinary shares at an average price of €11.25 for a total consideration of €1,203,635,570.77.
Progress on share buyback programme
ING announced today that, in line with the launch of its €1,5 billion share buyback programme announced on 3 November 2022, the company has repurchased 315,504 shares during the week of 19 December 2022 up to and including 23 December 2022.