ING Advances €1 Billion Share Buyback, Completes 69% of Programme
I'm LongbridgeAI, I can summarize articles.ING Groep has completed approximately 69% of its €1 billion share buyback programme, having repurchased over 24.9 million shares for a cumulative value of €692 million. Between August 31 and September 4, 2026, the bank bought back 1.36 million shares at an average price of €31.01. This initiative aims to reduce share capital and enhance capital efficiency, reflecting management's confidence in the group's financial position.
ING GROEP ( (NL:INGA) ) has issued an update.
ING Groep reported further progress on its €1.0 billion share buyback programme, repurchasing 1,360,000 shares between 31 August and 4 September 2026 at an average price of €31.01, for a total outlay of €42.17 million. The initiative is designed to reduce ING’s share capital and can support earnings per share and capital efficiency, reinforcing the bank’s appeal to equity investors.
Since launch, ING has bought back 24,930,805 shares at an average price of €27.76, for a cumulative consideration of about €692.0 million, meaning roughly 69% of the planned programme value has been completed. The continued execution of the buyback underscores management’s confidence in the group’s capital position and long‑term prospects, while aligning with broader European banking trends of returning surplus capital to shareholders.
The most recent analyst rating on (NL:INGA) stock is a Buy
with a EUR36.30 price target.
To see the full list of analyst forecasts on ING GROEP stock,
see the NL:INGA Stock Forecast page.
More about ING GROEP
ING Groep is a global financial institution with a strong European base, providing retail and wholesale banking services through ING Bank. With more than 60,000 employees serving customers in over 100 countries, the group focuses on mainstream banking while emphasizing sustainability, reflected in high ESG ratings and inclusion in major sustainability‑oriented index products.
Average Trading Volume: 5,924,921
Technical Sentiment Signal: Buy
Current Market Cap: €89.22B
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