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 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 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 Poland announced that it took a decision to increase the legal risk costs for FX mortgage loans, impacting the 4Q2022 results by PLN 230 mln.
Amid the current cost of living crisis, balancing household expenditure has perhaps never been so difficult. For ING in Belgium customers at least, potential relief is available with the announcement of a partnership with Amazon where they can benefit from up to 11 percent cashback on a wide range of online products, including electronics, home goods, fashion, and more.
ING is deeply saddened by the aftermath of the devastating earthquakes in Turkey and Syria, which have caused irreparable damage and lives lost.
ING announced today that it has spun out Loan Optics to vc trade, the leading digital platform for private placement and promissory note loans.
ING announced today that Hans Wijers has expressed the intention for personal reasons to hand over his duties as chairman and retire from the ING Group Supervisory Board in the second half of 2023.
“Looking back, 2022 was an extraordinary year,” said ING CEO Steven van Rijswijk.
