BuybackJul 23, 2026, 06:41 AM
Banco Santander Buyback Reaches 80.6% Completion, €4.05B Spent
AI Summary
Banco Santander, S.A. announced an update on its share buyback program, indicating significant progress. As of July 22, 2026, the company has spent €4,053,401,441 on repurchasing its own shares, which accounts for approximately 80.6% of the program's maximum investment. This initiative has led to the repurchase of about 17.5% of its outstanding shares since 2021. In the period between July 16 and July 22, 2026, Banco Santander purchased an additional 13,000,000 shares.
Key Highlights
- Buyback program reached approximately 80.6% of its maximum investment amount.
- Total cash spent on the buyback program to July 22, 2026, was €4,053,401,441.
- The company has repurchased approximately 17.5% of its outstanding shares as of 2021.
- 13,000,000 shares were purchased between July 16 and July 22, 2026.
- Weighted average price for shares purchased in this period ranged from €11.7786 to €12.1261.
Price Impact
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