ING Groep Reports Initial Progress on €1 Billion Share Buyback

ING Groep ( (ING) ) has provided an announcement.

ING Groep N.V., the Dutch banking group, reported progress on its €1.0 billion share buyback programme launched on 30 April 2026, confirming that 600,000 shares were repurchased that same day at an average price of €24.48, for a total of €14.69 million. The buyback, disclosed in a 6-K filing dated 5 May 2026, is aimed at reducing ING’s share capital, with the initial tranche representing about 1.47% of the planned total value, signalling continued capital return to shareholders and potentially supporting earnings per share and valuation over time if the programme is completed as intended.

The most recent analyst rating on (ING) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on ING Groep stock, see the ING Stock Forecast page.

Spark’s Take on ING Stock

According to Spark, TipRanks’ AI Analyst, ING is a Outperform.

Overall score driven primarily by mixed financial performance (notably leverage and negative free cash flow) balanced by favorable technical momentum and supportive valuation. The latest earnings call adds incremental strength via upgraded guidance and ongoing capital returns, tempered by higher risk costs and capital/RWA headwinds.

To see Spark’s full report on ING stock, click here.

More about ING Groep

ING Groep N.V. is a global financial institution with a strong European base, offering retail and wholesale banking services through ING Bank to customers in more than 100 countries. The group, whose shares trade in Amsterdam, Brussels and New York, positions sustainability at the core of its strategy and is included in major ESG indices following recent upgrades to its ESG ratings.

Average Trading Volume: 3,131,597

Technical Sentiment Signal: Strong Buy

Current Market Cap: $79.39B

For a thorough assessment of ING stock, go to TipRanks’ Stock Analysis page.