ING Groep Repurchases €40.6 Million in Shares, Completing 31.5% of €1.0 Billion Buyback Program
ING sits 57% above its 52-week low of $20.385.
Summary
ING Groep announced the latest weekly progress on its €1.0 billion share buyback program, repurchasing an additional €40.6 million in shares and completing over 31% of the program to date.
Key Events · Financing and Capital Events · ING
-
Weekly Share Repurchase
During the week of June 15-19, 2026, ING Groep repurchased 1,500,000 shares at an average price of €27.09, totaling €40,642,260.00.
-
Program Progress to Date
The company has now repurchased a total of 12,200,000 shares under the current €1.0 billion program, for a total consideration of €315,329,232.50.
-
Program Completion Status
Approximately 31.53% of the €1.0 billion share buyback program, which was announced on April 30, 2026, has been completed.
Analysis · ING · Finance
This filing provides a routine weekly update on ING Groep's ongoing €1.0 billion share buyback program, which was initiated on April 30, 2026. The company repurchased €40.6 million in shares during the past week, bringing the total completed to €315.3 million, or approximately 31.5% of the total program. This continuous capital allocation activity is a positive signal of management's commitment to returning value to shareholders and can support the stock price by reducing the number of outstanding shares.
At the time of this filing, ING was trading at $32.02 on NYSE in the Finance sector, with a market capitalization of approximately $91.3B. The 52-week trading range was $20.39 to $32.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.