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 5,314,000 (depositary receipts for) shares during the
week of 11 June until 18 June.
The (depositary receipts for) shares were repurchased at an average
price of EUR 32.35 for a total amount of EUR 171,915,423.26. 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 11,831,500 ordinary shares for a total
consideration of EUR 386,717,290.01. To date approximately 7.7% 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 |
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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.