On 30 October 2025, ING announced an additional shareholder distribution of up to €1.6 billion. The distribution consists of a share buyback programme for a maximum total amount of €1.1 billion and a cash payment of €0.5 billion. The purpose of the additional distribution is to converge our CET1 ratio towards our target of ~13%.
ING Group’s CET1 ratio was 13.4% at the end of the third quarter of 2025, which is well above the prevailing CET1 ratio requirement of 10.83%. The distribution will have an expected pro-forma impact of approximately 48 bps on our CET1 ratio. The share buyback programme will commence on 30 October 2025 and is expected to end no later than 27 April 2026.
The ECB has approved the programme, which 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 22 April 2025. ING has entered into 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.
Transaction history ING Groep N.V. share buyback programme (28 Nov 2025)