ING announces share buyback programme of up to €2.5 billion [Yahoo! Finance]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
Company Research
Source: Yahoo! Finance
ordinary shares of ING Groep N.V., for a maximum total amount of €2.5 billion. The purpose of the share buyback programme is to converge our CET1 ratio towards our target of around 12.5%. ING Group's CET1 ratio was 14.8% at the end of the first quarter of 2024, which is well above the prevailing CET1 ratio requirement of 10.94%. The share buyback programme will have an impact of approximately 77 bps on our CET1 ratio. The programme will commence on 2 May 2024 and is expected to end no later than 29 October 2024. The ECB has approved the programme, which will be executed in compliance with the Market Abuse Regulation and within the limitations of the existing authority to acquire a maximum of 20% of the issued shares as granted by the general meeting of shareholders on 22 April 2024. ING has entered a non-discretionary arrangement with a financial intermediary to conduct the buyback. ING will provide weekly updates on the progress of the programme via a press release and on the I
Show less
Read more
Impact Snapshot
Event Time:
ING
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ING alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ING alerts
High impacting ING Group, N.V. news events
Weekly update
A roundup of the hottest topics
ING
News
- Oil price news: oil rises as shrinking U.S. stockpiles add to risk-on sentiment [BNN Bloomberg (Canada)]BNN Bloomberg
- FTSE 100 LIVE: Wall Street higher and Europe lower as US jobless claims fall [Yahoo! Finance]Yahoo! Finance
- China has teased how it might fix its property crisis. Markets are loving it [CNN]CNN
- China has teased how it might fix its property crisis. Markets are loving it [CNN]CNN
- Philippines Holds Key Rate at 17-Year High as Price Risks Linger [BNN Bloomberg (Canada)]BNN Bloomberg
ING
Earnings
- 2/1/24 - Miss
ING
Sec Filings
- 5/14/24 - Form 6-K
- 5/10/24 - Form 13F-HR
- 5/7/24 - Form 6-K
- ING's page on the SEC website