StockWatch
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Commercial Banks
BuybackJun 18, 2026, 06:21 AM

Santander Buyback Reaches €3.38B, Completing 67.1% of Program

AI Summary

Banco Santander provided an update on its ongoing share buyback program, reporting transactions carried out between June 11 and June 17, 2026. The total cash amount of shares purchased to date reached €3.38 billion, representing approximately 67.1% of the maximum investment amount for the program. During this period, the bank repurchased 10,708,137 shares, bringing the total repurchased shares to approximately 17.2% of its outstanding shares as of 2021.

Key Highlights

  • Santander's share buyback program reached €3.38 billion in purchases by June 17, 2026.
  • This represents approximately 67.1% of the maximum investment amount for the program.
  • The bank repurchased 10,708,137 shares between June 11 and June 17, 2026.
  • Total repurchased shares amount to approximately 17.2% of outstanding shares as of 2021.
  • Shares were purchased at weighted average prices ranging from €10.51 to €11.79 during the period.