ING ADRs jump after buyback update shows program more than 90% complete
ING Groep’s U.S.-listed ADRs are higher after a March 31, 2026 update showing its €1.1 billion share buyback is about 90.63% complete. ING said it repurchased 2,262,425 shares in the week of March 23–27 for about €49.6 million at an average €21.93.
1. What’s moving the stock
ING Groep N.V. American Depositary Shares (NYSE: ING) are climbing after the bank disclosed fresh weekly progress on its ongoing €1.1 billion share repurchase program. The March 31, 2026 update highlighted that the capital return plan is nearing the finish line, a setup that can tighten share count and support per-share metrics as the program approaches completion. �citeturn2view0
2. Key numbers from the update
ING said it bought back 2,262,425 shares during the week of March 23–27, 2026 at an average price of €21.93, for a total of €49,619,703.42. Cumulatively, the company has repurchased 42,544,619 shares for €996,932,457.77 at an average €23.43, representing about 90.63% of the program’s maximum value. �citeturn2view0
3. Why investors care
A late-stage buyback can act as a steady source of demand for shares and signal management’s confidence in capital strength, especially when the remaining authorization is small relative to what has already been executed. With the program already near 91% complete, traders are treating the update as reinforcing that ING’s capital return plan remains on track. �citeturn2view0