Progress on share buyback programme

What happened

ING repurchased 1,050,000 shares during the week of 29 October up to and including 30 October 2026, at an average price of €28.57 for a total of €30,000,765.00, as part of its €1.65 billion share buyback programme announced on 29 October 2026.

Confirmed

Global impact / market context

A buyback reduces the number of shares in circulation, which means each remaining share represents a larger slice of the company. ING said the programme aims to reduce its share capital, which can support the value of shares investors still hold.

Analyst inference

Only about 1.82% of the programme's maximum total value has been completed so far, so most of the €1.65 billion remains to be spent. Further weekly purchases could keep demand for ING shares steady while the programme runs.

Analyst inference

What to watch

1. ING publishes daily repurchased shares, individual share purchase transactions and weekly reports on its website, so investors can track how quickly the programme is being used. Confirmed
2. Watch whether ING continues buying at a similar weekly pace, since faster or slower purchases would change how soon the full €1.65 billion programme is completed. Proposed
3. Track the average price ING pays per share, because a higher average price means the same budget buys fewer shares, reducing the benefit to remaining shareholders. Analyst inference

Evidence

• globenewswire.com