ING GROEP N.V. overview

ING files 2023 Annual Report on Form 20-F ING filed today its Annual Report on Form 20-F for the year ended 31 December 2023 with the United States Securities and Exchange Commission (SEC). The 2023 Form 20-F will be available on the ING website and can be downloaded from the SEC website (sec.gov) today. Shareholders or holders of ADRs can also request a hard copy of ING’s audited financial statements, free of charge, at www.ing.com/Investor-relations/Financial-performance/Annual-reports.htm ....

ING publishes agenda and proxy materials for 2024 AGM ING today published the agenda and proxy materials for the Annual General Meeting (AGM) to be held on Monday 22 April 2024. The agenda includes the proposals to reappoint Juan Colombás, Herman Hulst and Harold Naus for a second term of four years to the Supervisory Board. All three were appointed to the Supervisory Board at the AGM in 2020. The agenda will also include the periodically updated remuneration policies for the Executive Board...

ING publishes 2023 Annual Report ING today published its 2023 Annual Report, giving stakeholders an insight into our strategy, business activities and performance over the past year. Our activities are presented in the context of our strategic priorities: providing a superior customer experience and putting sustainability at the heart of what we do. “It is fair to say that 2023 was a challenging year on many counts: geopolitical and economic shocks, supply-chain disruptions, inflationary...

ING completes share repurchase for employee compensation ING Group announced today that it has completed the share repurchase for employee compensation which started on 4 March 2023. The total number of shares repurchased under the programme is 3,318,806 ordinary shares at an average price of €12.99 for a total consideration of €43,1 million. The purpose of the share repurchase is to meet obligations under the share-based compensation plans. For detailed information on the daily repurchased...

ING to repurchase shares for employee compensation ING announced today the start of a share repurchase programme under which it plans to repurchase ordinary shares of ING Groep N.V., for a maximum total amount of €50 million. The purpose of the share repurchase programme is to meet obligations under the share-based compensation plans. The share repurchase will commence on 4 March 2024 and is expected to end no later than 8 March 2024. The ECB has approved the repurchase, which will be executed...

ING to redeem Perpetual Capital Securities ING announced today it will redeem US$ 1,250 million of 6.750% Perpetual Additional Tier 1 Contingent Convertible Capital Securities on the call date being 16 April 2024, in line with ING’s goal to continuously optimize its capital structure. The securities (ISIN XS1956051145) will be redeemed in full in accordance with their terms, with payment to be made on 16 April 2024. The redemption price will be the principal amount together with any...

ING receives summons from investors Today ING and certain board members were served with a writ of summons for litigation in The Netherlands on behalf of investors who claim to have suffered financial losses in connection with ING’s disclosures on historic shortcomings in its financial economic crime policies, related risk management and control systems, the investigation by and settlement with the Dutch authorities in 2018 and related risks for ING. Over the past years we have disclosed that...

ING completes share buyback programme ING announced today that it has completed the share buyback programme which was announced on 2 November 2023. The total number of shares repurchased under the programme is 194,812,543 ordinary shares at an average price of €12.87 for a total consideration of €2,508,135,596.18. During the last week of the programme, up to and including 5 February 2024, 2,977,217 shares were purchased. These shares were repurchased at an average price of €12.14 for a...