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Progress on share buyback programme ING announced today that, in line with the launch of its €380 million share buyback programme announced on 6 May 2022, the company has repurchased 1,900,326 shares during the week of 12 May 2022 up to and including 13 May 2022. The shares were repurchased at an average price of €8.97 for a total amount of €17,040,873.25. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at w
Consumers will likely have to endure several more months of high inflation, as analysts expect prices to be sticky on their way down. ING’s Chief International Economist James Knightley discussed some of the causes for persistent inflation in a report released Tuesday.
High corporate pricing power coupled with an ongoing labor shortage makes inflation unlikely to decline any time soon, a recent ING report found.