ING has provided an update on its €2.0 billion share buyback programme, which was initially announced on October 31, 2024. The company reported that during the week of January 20 to January 24, 2025, a total of 3,176,897 shares were repurchased.
The shares were bought at an average price of €15.98 each, amounting to a total expenditure of €50,754,633.65. ING stated: "For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see."
The objective of this programme is to reduce ING's share capital. So far, the company has repurchased a total of 63,952,537 ordinary shares at an average price of €15.08 per share. This brings the total consideration to €964,201,351.06. According to ING's report: "To date approximately 48.21% of the maximum total value of the share buyback programme has been completed."