Progress on share buyback programme
ING announced today that, in line with the launch of its €1.5 billion share buyback programme announced on 3 November 2022, the company has repurchased 24,954,097 shares during the week of 7 November 2022 up to and including 11 November 2022.
The shares were repurchased at an average price of €11.07 for a total amount of €276,201,888.86. For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at www.ing.com/investorrelations.
The total number of shares repurchased under this programme to date 34,766,059 ordinary shares at an average price of €10.97 for a total consideration of €381,264,260.46. To date approximately 25.42% of the maximum total value of the share buyback programme has been completed.
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