StockWatch
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Commercial Banks
BuybackJun 24, 2026, 02:36 PM

BBVA Reduces Capital by €25.87M, Cancels 52.8M Shares

AI Summary

BBVA has announced a partial execution of its share capital reduction, cancelling 52,800,888 treasury shares with a nominal value of 25,872,435.12 euros. This action, approved by shareholders on March 20, 2026, was carried out using shares acquired through the second tranche of its share repurchase program. Following the cancellation, BBVA's share capital is now 2,734,790,209.90 euros, represented by 5,581,204,510 shares. The company will also request the delisting of these redeemed shares.

Key Highlights

  • Share capital reduced by 25,872,435.12 euros.
  • 52,800,888 treasury shares cancelled.
  • Shares had a par value of 0.49 euros each.
  • New share capital set at 2,734,790,209.90 euros.
  • Represented by 5,581,204,510 shares.
  • Cancellation is part of a resolution from the March 20, 2026 General Shareholders' Meeting.
  • Shares were acquired under the second tranche of a share repurchase program.
  • BBVA will request delisting of the redeemed shares from stock exchanges.