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Add as a preferred source on GoogleING Plans Up to €1.9 Billion in Buybacks and Cash Returns
The package includes up to €1.65 billion in share repurchases and a €250 million cash payment, alongside a CET1 ratio target of about 13%.
ING plans shareholder returns totaling as much as €1.9 billion, including share repurchases and a cash payment, as part of an effort to align its CET1 ratio with a target near 13%.
The repurchase portion is capped at €1.65 billion. The package also includes a €250 million cash payment, bringing the combined amount to as much as €1.9 billion.
ING’s stated capital objective is to align its CET1 ratio with a target of about 13%.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.