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nrc.nl
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ING Q1 2023 Profit Exceeds Expectations; €2 Billion Share Buyback Announced
ING, the Netherlands' largest bank, reported Q1 2023 profits of nearly €1.5 billion, exceeding analyst expectations despite an 8% year-on-year decrease; a €2 billion share buyback program was announced to optimize capital allocation and enhance shareholder returns.
ING Q1 2023 Profit Exceeds Expectations; €2 Billion Share Buyback Announced
ING, the Netherlands' largest bank, reported Q1 2023 profits of nearly €1.5 billion, exceeding analyst expectations despite an 8% year-on-year decrease; a €2 billion share buyback program was announced to optimize capital allocation and enhance shareholder returns.
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