Progress on share repurchase programme

Progress on share repurchase programme

Progress on share repurchase programme

The FINANCIAL -- ING announced on December 24 that, in line with the launch of its EUR 5.0 billion share buy back programme on 4 June 2007, the company has repurchased 3,531,568 (depositary receipts for) shares during the week of 17 December until 24 December.

 

The (depositary receipts for) shares were repurchased at an average price of EUR 26.34 for a total amount of EUR 93,037,399.23.

 

The total number of (depositary receipts for) shares repurchased under this programme to date is 90,554,392 ordinary shares for a total consideration of EUR 2,761,226,049.74. To date approximately 55.2% of the repurchase programme has been completed.

 

The repurchase programme is expected to run until June 2008.