ING has provided an update on its ongoing €2.0 billion share buyback programme, initially announced on October 31, 2024. During the week of March 10 to March 14, 2025, ING repurchased a total of 2,774,130 shares. The average purchase price was €18.42 per share, amounting to a total expenditure of €51,111,628.10.
The programme aims to reduce ING's share capital by buying back its own shares. To date, the company has repurchased a total of 89,937,951 ordinary shares at an average price of €15.50 each. This amounts to a cumulative expenditure of €1,394,421,465.39 and represents approximately 69.72% completion of the maximum value set for the buyback initiative.
For those interested in more detailed information about daily repurchase transactions and weekly reports related to this buyback programme, further details are available from ING.