BuybackOct 13, 2026, 01:06 PM
BBVA Announces EUR 1 Billion Share Buyback Program
AI Summary
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) has announced a second program for the buyback of its own shares, aimed at reducing the company's share capital. The program will involve a maximum cash expenditure of EUR 1,000 million and the acquisition of up to 507,759,303 shares. The execution is scheduled to commence on October 14, 2026, and is expected to conclude between January 7, 2027, and February 4, 2027. J.P. Morgan SE has been appointed as the external manager for this buyback initiative, with purchases to be conducted on various European trading platforms.
Key Highlights
- BBVA announces a second share buyback program to reduce share capital.
- Maximum cash amount for the buyback is EUR 1,000 million.
- Up to 507,759,303 BBVA shares will be acquired.
- The buyback program is set to begin on October 14, 2026.
- The program is expected to conclude between January 7, 2027, and February 4, 2027.
- J.P. Morgan SE will manage the execution of the buyback program.
- Purchases will be made on the Spanish electronic trading system and Cboe Europe, Turquoise Europe, and Aquis Exchange.
Price Impact
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