Progress on share repurchase programme ING
Progress on share repurchase programme ING
Progress on share repurchase programme ING
Amsterdam • 11 June 2007
ING announced today that, in line with the launch of its EUR 5.0 billion share buy back programme on 4 June 2007, the company has repurchased 6,517,500 (depositary receipts for) shares during the week of 4 June until 11 June.
The (depositary receipts for) shares were repurchased at an average price of EUR 32.96 for a total amount of EUR 214,801,866.75. For detailed information on the daily repurchased shares, see the ING website at www.ing.com/investorrelations.
To date approximately 4.3% of the repurchase program has been completed.
The repurchase programme is expected to run until June 2008.
Press enquiries:
Media Relations, +31 20 576 5000, media.relations@ing.com
ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries.
With a diverse workforce in excess of 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.