StockWatch
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Commercial Banks
BuybackAug 6, 2026, 06:13 AM

Banco Santander Buyback: €4.39B spent, 87.3% complete

AI Summary

Banco Santander, S.A. has reported significant progress on its share buyback program. As of August 5, 2026, the company has spent €4,392,508,241, completing approximately 87.3% of the maximum investment amount. This buyback has resulted in the repurchase of about 17.7% of its outstanding shares since 2021. During the period from July 30 to August 5, 2026, the bank purchased an additional 17,500,000 shares.

Key Highlights

  • Buyback program has spent €4,392,508,241 to date.
  • This represents approximately 87.3% of the maximum investment amount for the Buyback Programme.
  • The Bank has repurchased approximately 17.7% of its outstanding shares as of 2021.
  • Between July 30 and August 5, 2026, 17,500,000 shares were purchased.
  • On July 30, 2026, 2,000,000 shares were purchased at an average price of €12.1766.
  • On August 5, 2026, 3,500,000 shares were purchased at an average price of €12.7460-€12.7466.