BuybackJun 11, 2026, 06:11 AM
Banco Santander Buyback Reaches 64.7% Completion, 3.26B Spent
AI Summary
Banco Santander provided an update on its ongoing share buyback program, announcing that it has spent €3,256,642,080 on repurchasing its own shares as of June 10, 2026. This represents approximately 64.7% of the maximum investment allocated for the program. The bank repurchased a total of 27,375,913 shares between June 4 and June 10, 2026, bringing the total repurchased to approximately 17.1% of its outstanding shares as of 2021.
Key Highlights
- Banco Santander's buyback program reached 64.7% completion as of June 10, 2026.
- The total cash amount spent on the buyback program is €3,256,642,080.
- The bank repurchased 27,375,913 shares between June 4 and June 10, 2026.
- Approximately 17.1% of outstanding shares as of 2021 have been repurchased.
- Share purchases were executed across XMAD, CEUX, AQEU, and TQEX trading venues.
Price Impact
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