ING has reported progress on its ongoing €2.0 billion share buyback programme, which was first announced on May 2, 2025. The bank stated that during the week of October 6 to October 10, 2025, it repurchased a total of 4,239,000 shares.
The average price paid for these shares was €21.32, amounting to a total of €90,367,787.70 for the week. According to ING, "In line with the purpose of the programme to reduce the share capital of ING, the total number of shares repurchased under this programme to date is 92,123,891 at an average price of €19.67 for a total consideration of €1,811,927,494.72. To date approximately 90.60% of the maximum total value of the share buyback programme has been completed."
The share buyback initiative aims to decrease ING's outstanding share capital.