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Stock impact report

ING determines cash payment per share as part of current distribution

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
Company Research Source: GlobeNewswire
ING determines cash payment per share as part of current distribution ING announced today that it will pay €0.161 per share on 16 January 2025, as part of the up to €2.5 billion distribution to shareholders as announced on 31 October 2024. The amount per share has been determined based on the total cash payment of €500 million and the 3,096 million ordinary shares outstanding on 31 December 2024. Next to the cash payment, the distribution also consists of a share buyback programme of up to €2 billion which is currently being executed and is expected to end no later than 30 April 2025. The purpose of the distribution is to converge our CET1 ratio towards our target of around 12.5%. We provide weekly updates on the progress of the programme via a press release and on the Investor Relations section of the ING website: https://www.ing.com/Investor-relations/Share-information/Share-buyback-programme.htm. Note for editorsFor more on ING, please visit www.ing.com. Frequent ne Show less Read more
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