Dutch bank ING plans 1.1 billion euro buyback as Q3 profit beats expectations

Core Insights - Dutch international lender ING Groep announced a share buyback program worth 1.1 billion euros ($1.3 billion) following its third-quarter earnings that exceeded market expectations, driven by strong performance [1] Financial Performance - ING Groep's third-quarter earnings surpassed market forecasts, indicating robust financial health and operational efficiency [1] Share Buyback Program - The company plans to initiate a share buyback of 1.1 billion euros, reflecting confidence in its financial position and commitment to returning value to shareholders [1]