ING Groep Advances €2 Billion Share Buyback Program

ING Groep ( (ING) ) has issued an update.

On March 11, 2025, ING Groep N.V. announced progress in its €2.0 billion share buyback program, initiated on October 31, 2024. During the week of March 3 to March 7, 2025, ING repurchased 1,655,317 shares at an average price of €18.41, totaling €30,480,804.23. This brings the total shares repurchased under the program to 87,163,821, amounting to approximately 67.17% of the program’s maximum value. This strategic move aims to reduce the share capital of ING, potentially enhancing shareholder value and reflecting the company’s robust financial health.

More about ING Groep

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The company provides retail and wholesale banking services to customers in over 100 countries and emphasizes sustainability, with its policies and actions assessed by independent research and ratings providers.

YTD Price Performance: 28.53%

Average Trading Volume: 2,905,113

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $62.48B

For a thorough assessment of ING stock, go to TipRanks’ Stock Analysis page.