ING completes share buyback programme; remaining €297 million cash to be paid to shareholders in January

ING announced today that it has completed the share buyback programme which started on 3 November 2022. The total number of shares repurchased under the programme is 107,032,745 ordinary shares at an average price of €11.25 for a total consideration of €1,203,635,570.77.

During the last week of the programme from 26 December 2022 up to and including 28 December 2022, ING has repurchased 43 shares. These shares were repurchased at an average price of €11.61 for a total amount of €499.13.

For detailed information on the daily repurchased shares, individual share purchase transactions and weekly reports, see the ING website at https://www.ing.com/Investor-relations/Share-information/Share-buyback-programme.htm.

In line with the announcement of the programme on 3 November 2022, the remainder of the total amount of €1.5 billion, amounting to €297 million or €0.082 per share, will be paid to shareholders in cash on 16 January 2023.