Business
ING completes share buyback and announces new programme of up to €1.0 billion
ING completes share buyback and announces new programme of up to €1.0 billion ING announced today that it has completed the share buyback programme announced on 30 October 2025. The total number of ordinary shares repurchased under the programme is 47,040,466 at an average price of €23.46 for a total consideration of €1,103,554,715.12. During the last week of the programme, up to and including 27 April 2026, in total 380,409 shares were purchased. These shares were repurchased at an average pric
About this update from Ing Groep N.v.
[{"type":"image","alt":"ING Group","displaySize":"","headline":null,"caption":"ING Group","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":38,"url":"https://media.zenfs.com/en/globenewswire.com/dd1bc72ae6d734e39560f570388d2f85"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.cenf5B0ntq004u.cNXKXQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTUz/https://media.zenfs.com/en/globenewswire.com/dd1bc72ae6d734e39560f570388d2f85","width":300,"height":38}},"lazy":false},{"type":"text","content":"ING completes share buyback and announces new programme of up to €1.0 billion","length":77,"tagName":"p"},{"type":"text","content":"ING announced today that it has completed the share buyback programme announced on 30 October 2025. The total number of ordinary shares repurchased under the programme is 47,040,466 at an average price of €23.46 for a total consideration of €1,103,554,715.12.","length":279,"tagName":"p"},{"type":"text","content":"During the last week of the programme, up to and including 27 April 2026, in total 380,409 shares were purchased. These shares were repurchased at an average price of €23.95 for a total amount of €9,112,165.02.","length":210,"tagName":"p"},{"type":"text","content":"The purchases exceeded 100% of the maximum total amount of up to €1.1 billion due to performance arrangements with our executing broker for the programme. The broker repurchased shares until the performance arrangements were fulfilled. The total consideration for ING was limited to €1.1 billion and the excess purchases above this amount were funded by the executing broker. Based on the total programme period, the effective average price for ING was €23.38.","length":465,"tagName":"p"},{"type":"text","content":"ING communicated to operate on its target CET1 ratio of around 13% on average at quarter-ends, with structural excess capital above 13% considered available for additional distribution.","length":185,"tagName":"p"},{"type":"text","content":"ING also announced today a new share buyback programme under which it plans to repurchase ordinary shares of ING Groep N.V. for a maximum total amount of €1.0 billion. The purpose of the programme is to maintain our CET1 ratio in line with our target of ~13%.","length":259,"tagName":"p"},{"type":"text","content":"ING Group’s CET1 ratio was 13.0% at the end of the first quarter...