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 3,435,000 (depositary receipts for) shares during the week of 5 May until 12 May.
The (depositary receipts for) shares were repurchased at an average price of EUR 24.67 for a total amount of EUR 84,727,624.00. 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 176,142,193 ordinary shares for a total consideration of EUR 4,727,035,239.08. To date approximately 94.5% 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, investments, life insurance and retirement services 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.