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 675,000 (depositary receipts
for) shares during the week of
19 November until 26 November.
The (depositary receipts for) shares were repurchased at an average
price of EUR 24.93 for a total
amount of EUR 16,825,400.00. 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 programme to date is
80,585,474 ordinary shares for a total consideration of EUR
2,496,188,130.00. To date approximately
49,9% of the repurchase programme has been completed.
The repurchase programme is expected to run until June 2008.
Press enquiries
Carolien van der Giessen
ING Group
+31 20 5416522
carolien.van.der.giessen@ing.com
Profile ING
ING is a global financial institution of Dutch origin offering
banking, insurance and asset management to over 75 million private,
corporate and institutional clients in more than 50 countries. With a
diverse workforce of about 120,000 people, ING comprises a broad
spectrum of prominent companies that increasingly serve their clients
under the ING brand.