ING Groep reports EUR 69.24 million buyback of ING Groep stock

Published on 10/13/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ING repurchased 2.30 million shares for EUR 69.24 million on October 13, 2026. ING Groep stock costs EUR 30.25 after EUR 30.04.

Key points in brief

ING repurchased 2.30 million shares for EUR 69.24 million during the week ending October 9, 2026.
The EUR 1.00 billion buyback had reached 93.48 percent of its maximum value by October 13, 2026.
ING Groep stock was EUR 30.25 at Lang & Schwarz, plus 0.70 percent versus the October 12, 2026 Xetra close of EUR 30.04.
Deutsche Bank maintained a Buy rating and set a EUR 35.00 price target on October 12, 2026.

Futuristischer 3D-Render eines modernen Bank-Hochhauses bei Abenddämmerung mit Wasserplatz — ING Groep N.V. NL0011821202 als futuristischer Architektur-Render eines modernen Bankhaus-Hochhauses bei Abenddämmerung, Illustration mit AI erstellt.

ING Groep (ISIN NL0011821202) reported a EUR 69.24 million share buyback on October 13, 2026, after repurchasing 2.30 million shares during the week ending October 9. The stock was EUR 30.25 at Lang & Schwarz at 10:48 a.m. CEST, giving investors a live reference above the October 12, 2026 Xetra close of EUR 30.04.

What does the buyback change?

According to GlobeNewswire on October 13, 2026, ING repurchased the shares at an average price of EUR 30.10. The company had bought back 32,710,805 shares for EUR 934.82 million in total, equivalent to 93.48 percent of the EUR 1.00 billion program.

The arithmetic matters: the latest weekly purchase represented 2.30 million shares, while the cumulative program had reached 32.71 million shares. That reduces the share count and places capital distribution at the center of the current ING investment case.

Recent results set the baseline

ING's second-quarter 2026 results, discussed in the July 30, 2026 earnings call, showed net profit of EUR 1.95 billion and return on tangible equity of 17.00 percent. Yahoo Finance reported that total income rose 10.00 percent year over year and fee income increased 14.00 percent in the quarter.

Management also lifted its outlook for return on tangible equity to more than 15.00 percent for 2026 and more than 16.00 percent for 2027, while targeting more than EUR 24.50 billion of total income in 2026. Those figures give the buyback a measurable earnings backdrop rather than leaving it as a standalone capital action.

Analyst target remains above price

Markets Insider reported on October 12, 2026 that Deutsche Bank analyst Benjamin Goy maintained a Buy rating and set a EUR 35.00 price target. The target lies 15.70 percent above the EUR 30.25 Lang & Schwarz price, a separate valuation reference from the buyback announcement.

Three dated capital events

On July 30, 2026, ING published its second-quarter results, with 17.00 percent return on tangible equity and 10.00 percent year-over-year total-income growth, as documented by Yahoo Finance. On September 17, 2026, ING announced the planned redemption of USD 1.50 billion of perpetual capital securities, according to ING. On October 13, 2026, the bank reported the EUR 69.24 million weekly buyback.

Upcoming dates for ING

The next disclosed dates are October 29, 2026 for third-quarter results and December 3, 2026 for the next ex-dividend date, as listed by Simply Wall St.

Stock stays below yearly high

At EUR 30.25, ING Groep stock stood 6.58 percent below the EUR 32.38 52-week high and above the EUR 20.22 low on October 13, 2026. The Xetra reference was EUR 30.04 on October 12, 2026, making the Lang & Schwarz price EUR 0.21 higher, or plus 0.70 percent. The further course of trading is shown by the continuously updated real-time quote of ING Groep stock.