ING Progresses on €1.1 Billion Buyback, Repurchasing 1.46 Million Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Globenewswire
- Buyback Progress: ING repurchased 1,463,534 shares during the week of January 5 to January 9, 2026, at an average price of €24.30, totaling €35,559,223.07, reflecting the company's proactive approach to capital management.
- Cumulative Buyback: To date, ING has repurchased 19,184,772 shares at an average price of €22.76, amounting to €436,639,954.65, indicating the company's strong commitment to executing its buyback program.
- Completion Rate: Approximately 39.69% of the buyback program has been completed, demonstrating the company's ongoing efforts to optimize its capital structure, aimed at enhancing shareholder value and market confidence.
- Transparency Commitment: ING provides detailed daily repurchase transaction information on its website, increasing investor trust in the buyback program and further solidifying its transparency and accountability in the market.
Analyst Views on ING
Wall Street analysts forecast ING stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ING is 30.00 USD with a low forecast of 30.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 28.290
Low
30.00
Averages
30.00
High
30.00
Current: 28.290
Low
30.00
Averages
30.00
High
30.00
About ING
ING Groep N.V. (ING) is a financial institution. The Company offers banking services. The Company's segments include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease. The Company's Retail Banking business lines provide products and services to individuals, small and medium-sized enterprises (SMEs) and mid-corporates. ING's banking activities in Australia are undertaken by ING Bank (Australia) Limited (trading as ING Direct) and ING Bank NV Sydney Branch.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
