The ING share buyback reached approximately 96.48% of its €1 billion maximum value after the bank purchased another one million shares during 12–16 October 2026. ING said in its 20 October update that cumulative spending under the programme had reached €964.8 million.
Key Takeaways
- ING repurchased one million shares during 12–16 October at an average price of €29.96.
- Cumulative purchases reached 33,710,805 shares at an average price of €28.62.
- About €35.2 million remained available under the programme’s €1 billion maximum.
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ING share buyback approaches its spending limit
ING’s 20 October buyback update puts the programme close to its maximum value, but does not announce its completion. The €1 billion programme was announced on 30 April 2026 and is intended to reduce ING’s share capital.
The reported completion percentage measures spending against the programme’s maximum value, rather than progress toward a fixed number of shares. Based on the cumulative consideration disclosed, €35,223,799.51 remained available as of the latest reporting period.
| Item | Details |
|---|---|
| Programme announcement | 30 April 2026 |
| Latest purchase period | 12–16 October 2026 |
| Exact cumulative consideration | €964,776,200.49 |
Latest purchases cost nearly €30 million
ING spent €29,960,800.00 on the one million shares acquired during the reporting week. The disclosed average purchase price of €29.96 was €1.34 above the €28.62 average for the programme as a whole, using the rounded prices reported by the bank.
That comparison describes ING’s transaction prices, not a closing share-price movement or an investment return. The release reports purchases through 16 October and does not establish how much was bought after that date.
ING also provides daily repurchase information, individual purchase transactions and weekly reports through its programme updates. It notes that the figures in the release are unaudited and that small rounding differences are possible.
Conclusion
The programme was close to its spending limit as of 16 October, but completion had not been announced. Subsequent repurchase disclosures will show how much of the remaining capacity ING uses.
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