BuybackJul 9, 2026, 06:21 AM

Banco Santander Buyback: €3.76B spent, 74.7% of program completed

AI Summary

Banco Santander provided an update on its ongoing share buyback program. As of July 8, 2026, the bank has spent €3,756,788,259 on repurchasing its own shares, which accounts for approximately 74.7% of the program's maximum investment amount. During the period from July 2 to July 8, 2026, Banco Santander repurchased a total of 10,175,407 shares. Overall, the program has led to the repurchase of approximately 17.4% of the bank's outstanding shares as of 2021.

Key Highlights

Total cash spent on buyback program to July 8, 2026: €3,756,788,259.
Approximately 74.7% of the maximum investment amount for the buyback program has been utilized.
10,175,407 shares were repurchased between July 2 and July 8, 2026.
The bank has repurchased approximately 17.4% of its outstanding shares as of 2021.
On July 8, 2026, 3,000,000 shares were purchased at a weighted average price of €11.9252.
On July 7, 2026, 2,000,000 shares were purchased at a weighted average price of €12.5256.

View SEC Filing

SAN

Commercial Banks

Banco Santander, S.A.

Price Impact