ING Groep announces EUR 1.6B distribution

ING announced the start of a share buyback programme under which it plans to repurchase ordinary shares of ING Group for a maximum total amount of EUR 1.1 billion. In addition, ING has announced that an amount of EUR 500 million will be paid out in cash to shareholders on 15 January 2026. The buyback programme and additional cash payment will have a combined impact of roughly 48 basis points on the CET1 ratio.