ING to Boost Capital Ratio through Buybacks
Thursday, 2 May 2024, 11:56
ING to Boost Capital Ratio through Buybacks
The recent update from ING confirms the ongoing strategy to improve its capital structure through share repurchases. The Dutch financial institution has outlined a plan to buy back up to €2.5 billion worth of shares, leading to a positive market response and a surge in stock value.
Key Points:
- €2.5 billion buyback plan
- Strong first-quarter profit
- Enhancement of capital ratio
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.