On 30 April 2026, ING announced a new share buyback programme under which it plans to repurchase ordinary shares of ING Groep N.V. for a maximum total amount of €1.0 billion. The purpose of the programme is to maintain our CET1 ratio in line with our target of ~13%.
ING Group’s CET1 ratio was 13.0% at the end of the first quarter of 2026, which is well above the prevailing CET1 ratio requirement of 11.06%. The distribution will have an impact of 29 bps on our CET1 ratio, of which 23 bps is already reflected in the reported 13.0% CET1 ratio for 1Q2026. The share buyback programme will commence on 30 April 2026 and is expected to end no later than 26 October 2026.
The ECB has approved the distribution, and the share buyback programme will be executed in compliance with the Market Abuse Regulation and within the limitations of the existing authority to acquire a maximum of 20% of the issued shares as granted by the general meeting of shareholders on 14 April 2026. ING has entered a non-discretionary arrangement with a financial intermediary to conduct the buyback.
ING will provide weekly updates on the progress of the programme on this page and via a press release.