ING completes share buyback programme
ING Group announced today that it has completed the share buyback programme which started on 12 May 2022. The total number of shares repurchased under the programme is 40,749,792 ordinary shares at an average price of EUR 9.41 for a total consideration of EUR 383,314,718.93.
During the last week of the programme from 11 July 2022 up to and including 14 July 2022, ING has repurchased 8,370,237 shares. These shares were repurchased at an average price of EUR 8.99 for a total amount of EUR 75,212,748.19.
For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at https://www.ing.com/Investor-relations/Share-information/Share-buyback-programme.htm.
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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 offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
Sustainability forms an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks. ING's ESG rating by MSCI was affirmed 'AA' in December 2021. ING Group shares are included in major sustainability and Environmental, Social and Governance (ESG) index products of leading providers STOXX, Morningstar and FTSE Russell. In January 2021, ING received an ESG evaluation score of 83 ('strong') from S&P Global Ratings.
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