ING repurchases 600,000 shares for €14.7 million in buyback program

ING Groep N.V. (NYSE: ING) repurchased 600,000 shares on April 30, 2026, as part of its €1.0 billion share buyback program announced the same day, according to a company statement.

The Dutch banking group purchased the shares at an average price of €24.48 per share, representing a total consideration of €14,689,920. The repurchases mark the beginning of the company's program aimed at reducing its share capital.

The transactions completed to date represent approximately 1.47% of the maximum total value of the share buyback program. ING shares trade on exchanges in Amsterdam (INGA.AS), Brussels, and New York.

Share buyback programs allow companies to repurchase their own stock from the marketplace, typically resulting in a reduction of the total number of shares outstanding. The repurchased shares are generally canceled or held as treasury stock.

ING operates as a global financial institution with a European base, providing banking services through ING Bank to customers in over 100 countries through more than 60,000 employees.

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