StockWatch
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Commercial Banks
BuybackJul 16, 2026, 06:31 AM

Banco Santander Buyback Reaches 77.5% Completion, 3.9B Euros Spent

AI Summary

Banco Santander, S.A. announced the progress of its share buyback program, reporting that it has completed approximately 77.5% of the maximum investment amount. As of July 15, 2026, the company has spent 3,899,027,041 Euros on repurchasing its own shares, representing about 17.4% of its outstanding shares from 2021. During the period from July 9 to July 15, 2026, Banco Santander purchased an additional 11,822,286 shares.

Key Highlights

  • Buyback program reached 77.5% of maximum investment amount.
  • Total cash amount spent on buyback to July 15, 2026, is 3,899,027,041 Euros.
  • Approximately 17.4% of outstanding shares as of 2021 have been repurchased.
  • 11,822,286 shares were purchased between July 9 and July 15, 2026.
  • Weighted average price for shares purchased on July 9 was 12.0716 Euros.
  • Weighted average price for shares purchased on July 15 was 11.9550 Euros (XMAD) and 11.9540 Euros (CEUX).