BuybackJun 4, 2026, 06:16 AM
Banco Santander Buyback Reaches 59% of Max Investment, €2.97B Spent
AI Summary
Banco Santander provided an update on its ongoing share buyback program, announcing that it has spent 2,965,628,002 Euros on repurchasing its own shares as of June 3, 2026. This expenditure accounts for approximately 59% of the maximum investment amount designated for the program. The company has now repurchased about 17% of its outstanding shares since 2021. In the period between May 28 and June 3, 2026, Banco Santander acquired an additional 12,765,369 shares.
Key Highlights
- Banco Santander has spent 2,965,628,002 Euros on its share buyback program as of June 3, 2026.
- This amount represents approximately 59% of the maximum investment allocated for the Buyback Programme.
- The company has repurchased approximately 17% of its outstanding shares as of 2021.
- Between May 28 and June 3, 2026, Banco Santander purchased 12,765,369 of its own shares.
- Transactions were executed on trading venues XMAD and CEUX at weighted average prices around 10.6-10.7 Euros.
Price Impact
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