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 4,180,000 (depositary receipts for) shares during the week of 25 until 2 July.
The (depositary receipts for) shares were repurchased at an average price of EUR 32.66 for a total amount of EUR 136,503,306.52. For detailed information on the daily repurchased shares, see the ING website at www.ing.com/investorrelations.
The total number of (depositary receipts for) shares repurchased under this program to date is 20,431,500 ordinary shares for a total consideration of EUR 671,115,674.03. To date approximately 13.4% of the repurchase program has been completed.
The repurchase programme is expected to run until June 2008.
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Press enquiries:
Carolien van der Giessen, +31 20 541 6522, carolien.van.der.giessen@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.
