Tue Sep 17 06:00:00 UTC 2024: ## ING Group Continues Share Buyback Program, Repurchases Over 3 Million Shares
**Amsterdam, Netherlands – September 17, 2024** – ING Group announced today that it repurchased 3,282,664 shares during the week of September 9th to 13th, as part of its ongoing €2.5 billion share buyback program. This brings the total number of shares repurchased under the program to 134,313,322, with an average price of €15.92.
The latest tranche of shares was repurchased at an average price of €16.20, amounting to a total of €53,166,251.32. This represents approximately 85.55% of the maximum total value of the share buyback program.
ING aims to reduce its share capital through this program, which was initially announced on May 2nd, 2024. Detailed information on the daily repurchased shares, individual transactions, and weekly reports can be found on the ING website at http://www.ing.com/investorrelations.
ING is a global financial institution headquartered in the Netherlands, offering banking services through its operating company ING Bank. With over 60,000 employees, ING Bank provides retail and wholesale banking services to customers in over 40 countries. ING Group shares are listed on the exchanges of Amsterdam, Brussels, and the New York Stock Exchange.
The company is committed to sustainability and has received recognition for its efforts from various ESG rating agencies. In 2023, Sustainalytics assessed ING’s management of ESG material risk as “strong,” and MSCI reconfirmed its ESG rating as “AA” in July of the same year.
For more information about ING, visit http://www.ing.com. Regular news updates can be found in the Newsroom or via X @ING_news feed.