ING has reported progress on its ongoing €2.0 billion share buyback programme, which was announced on 2 May 2025. According to the company, between 13 October and 17 October 2025, a total of 4,381,000 shares were repurchased.
The average price paid for these shares was €20.91 each, resulting in a total expenditure of €91,614,268.60 during this period.
"The shares were repurchased at an average price of €20.91 for a total amount of €91,614,268.60," ING stated.
The company also provided an update on the overall progress of the programme: "The total number of shares repurchased under this programme to date is 96,504,891 at an average price of €19.72 for a total consideration of €1,903,541,763.32." ING added that about 95.18% of the maximum value planned for the share buyback has been completed so far.
The purpose of this initiative is to reduce ING's share capital.