StockWatch
·
Commercial Banks
BuybackJul 2, 2026, 06:21 AM

Banco Santander Updates on Buyback Program, 72.2% Completed

AI Summary

Banco Santander, S.A. provided an update on its ongoing share buyback program, reporting transactions between June 25 and July 1, 2026. As of July 1, 2026, the company has spent 3,631,865,722 Euros, completing approximately 72.2% of the maximum investment amount. This represents the repurchase of about 17.3% of its outstanding shares as of 2021. During the specified period, Banco Santander repurchased a total of 8,399,608 shares.

Key Highlights

  • Buyback program 72.2% completed as of July 1, 2026.
  • Cash amount spent on buybacks totals 3,631,865,722 Euros.
  • Approximately 17.3% of outstanding shares as of 2021 have been repurchased.
  • 8,399,608 shares purchased between June 25 and July 1, 2026.
  • Weighted average price for purchases during the period was between 11.8104 and 12.0302 Euros.