ING has provided an update on its €2.0 billion share buyback programme, initially announced on October 31, 2024. During the week from November 11 to November 15, a total of 5,545,654 shares were repurchased. These shares were acquired at an average price of €14.88 each, amounting to a total expenditure of €82,507,552.62.
The company stated that "in line with the purpose of the programme to reduce the share capital of ING," they have so far repurchased 17,265,983 ordinary shares at an average price of €15.26. This brings the total consideration for these purchases to €263,545,880.39.
As of now, approximately 13.18% of the maximum total value of the share buyback programme has been completed.
For more detailed information regarding daily repurchase activities and individual transactions related to this programme, further resources are available.