Progress on share buyback programme
10 December 2024
Amsterdam,
ING announced today that, as part of our €2.0 billion share buyback programme announced on 31 October 2024, in total 5,526,072 shares were repurchased during the week of 2 December 2024 up to and including 6 December 2024.
The shares were repurchased at an average price of €14.82 or a total amount of €81,880,176.16. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see share buy back programme.
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 34,152,616 ordinary shares at an average price of €15.01 for a total consideration of € 512,464,398.48. To date approximately 25.62% of the maximum total value of the share buyback programme has been completed.