Banco Santander, S.A.

Banco Santander, S.A. has announced its decision to exercise its option to redeem all of its outstanding 4.750% Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities (CoCos). The total nominal amount to be redeemed is USD 298,400,000. The redemption will occur on the first optional early redemption date, November 12, 2026, and has been authorized by the European Central Bank. This decision is irrevocable.

Banco Santander reported transactions for its share buyback program between August 6 and August 12, 2026. The company has now spent €4,650,490,891 on the program, representing approximately 92.5% of the maximum investment amount. These purchases have resulted in the repurchase of approximately 17.8% of its outstanding shares as of 2021.

Banco Santander's board of directors has approved a new share repurchase program totaling approximately 1,825 million euros. This program is in line with the bank's shareholder remuneration policy, aiming to return around 50% of underlying profit to shareholders, split equally between cash dividends and buybacks. The buyback, representing about 25% of H1 2026 underlying profit, is intended to reduce the bank's share capital and is expected to commence on August 24, 2026, following the completion of the current program.

Banco Santander, S.A. has reported significant progress on its share buyback program. As of August 5, 2026, the company has spent €4,392,508,241, completing approximately 87.3% of the maximum investment amount. This buyback has resulted in the repurchase of about 17.7% of its outstanding shares since 2021. During the period from July 30 to August 5, 2026, the bank purchased an additional 17,500,000 shares.

Banco Santander, S.A. announced it has received the final required approval from the Board of Governors of the Federal Reserve System of the United States for its acquisition of Webster Financial Corporation. This follows earlier approvals from the Office of the Comptroller of the Currency and the European Central Bank. The completion of the acquisition is now anticipated to take place on August 20, 2026.

Banco Santander announced its intention to launch an exchange offer to acquire approximately 10% of Santander Brazil's issued and outstanding shares that it does not already own. The offer provides a 15% premium over the reference share price, with a total consideration of up to €1,908 million, paid in newly issued Banco Santander shares. This strategic move aims to simplify the group, reinforce its commitment to Brazil, and is expected to be accretive to earnings per share and tangible book value per share.

Banco Santander, S.A. announced an update on its share buyback program, confirming that it has spent 4,173,784,041 Euros to repurchase its own shares. This amount represents approximately 83% of the maximum investment allocated for the program. The company has repurchased about 17.6% of its outstanding shares as of 2021, with 10,000,000 shares bought between July 23 and July 29, 2026.

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.

Banco Santander reported a strong financial performance for the first half of 2026, with underlying profit reaching €7.3 billion, a 15% increase year-over-year. The bank also saw a 17% rise in Q2'26 underlying profit to €3.8 billion. This growth was supported by a 6% increase in total revenue, improved efficiency, and the addition of 12 million new customers. Strategic initiatives like the ONE Transformation and the integration of TSB in the UK are driving profitable growth and shareholder value creation.

Banco Santander reported a strong first half of 2026, with underlying profit increasing 15% to €7.3 billion and revenue up 6% to €30.8 billion. The bank added 12 million customers, bringing its total to 182 million, and completed the acquisition of TSB, enhancing its UK presence. Santander also confirmed significant progress on its share buyback program and reiterated its positive 2026 financial targets.