0941 GMT - NN Group's fresh targets are in line with expectations and look solid, ING says as the Dutch insurer hosts a capital markets day. It guided for operating capital generation of 2.2 billion euros by 2028 and 1.8 billion euros in free cash flow, while keeping its share buyback at 300 million euros per year. Investors might be disappointed at the unchanged buyback program--though the strong cash position could support further increases--and no firm resolution on its Japan regulatory improvement plan, analyst Jason Kalamboussis writes. "NN may be keeping its powder dry for positive developments through the plan but the market may not be that patient," he says in a research note. Shares trade flat at 53.6 euros and have risen 27% since the start of the year. (elena.vardon@wsj.com)

(END) Dow Jones Newswires

May 27, 2025 05:41 ET (09:41 GMT)

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