ING has announced the progress of its €2.0 billion share buyback programme, which was initially disclosed on October 31, 2024. During the week of January 13 to January 17, 2025, a total of 3,220,859 shares were repurchased.
The shares were bought at an average price of €15.74 each, amounting to a total expenditure of €50,704,409.05. The company stated that "in line with the purpose of the programme to reduce the share capital of ING," a cumulative total of 60,775,640 ordinary shares have been repurchased so far under this initiative.
These transactions were completed at an average price of €15.03 per share for a total cost of €913,446,717.41. According to ING's report, approximately 45.67% of the maximum total value intended for the buyback programme has been achieved up to this point.
For more detailed information regarding daily repurchase activities and individual transactions related to this buyback programme, further reports are available.