ING (ING) Announces EUR 1.5B Share Buyback
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ING announces share buyback programme of up to €1.5 billion
November 3, 2022 2:03 AM EDTING announces share buyback programme of up to 1.5 billion
ING announced today the start of a share buyback programme under which it plans to repurchase ordinary shares of ING Groep N.V., for a maximum total amount of 1.5 billion.
The purpose of the share buyback programme is to reduce the share capital of ING. It is a next step in converging our CET1 ratio towards our target of around 12.5% by 2025, as announced during our Investor Update in June 2022.
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