ING announced today that, as part of our EUR2.5 billion share buyback programme announced on 2 May 2024, the company repurchased 21,801,401 shares during the week of 6 May 2024 up to and including 10 May 2024.
The shares were repurchased at an average price of EUR16.06 for a total amount of EUR350,058,858.66. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at www.ing.com/investorrelations.
In line with the purpose of the programme to reduce the share capital of ING, the total number of shares repurchased under this programme to date is 29,547,746 ordinary shares at an average price of EUR16.01 for a total consideration of EUR473,050,042.00. To date approximately 18.92% of the maximum total value of the share buyback programme has been completed.
More on the share buy back program progress
Note for editors
More on investor information, go to the investor relations section on this site.
For news updates, go to the newsroom on this site or via X (@ING_news feed).
For ING photos such as board members, buildings, go to Flickr.
ING PROFILE
ING is a global financial institution with a strong European base, offering banking services through its operating
company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank's more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock
Exchange (ADRs: ING US, ING.N).
Sustainability is an integral part of ING's strategy, evidenced by ING's leading position in sector benchmarks. ING's
Environmental, Social and Governance (ESG) rating by MSCI was affirmed 'AA' in July 2023. As of December 2023,
Sustainalytics considers ING's management of ESG material risk to be 'strong'. ING Group shares are also included in major sustainability and ESG index products of leading providers Euronext, STOXX, Morningstar and FTSE Russell.
Important legal information
Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014 ('Market Abuse Regulation').
ING Group's annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union ('IFRS- EU'). In preparing the financial information in this document, except as described otherwise, the same accounting principles are applied as in the 2022 ING Group consolidated annual accounts. The financial statements for 2023 are in progress and may be subject to adjustments from subsequent events. All figures in this document are unaudited. Small differences are possible in the tables due to rounding.
ING GROEP N.V. 
