BBVA (NYSE: BBVA) reports progress on first share buyback tranche

Rhea-AI Filing Summary

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reports progress on the first tranche of its share buyback program. The cash amount of BBVA shares purchased in this first tranche totals 145,642,063.06 euros, which represents approximately 9.71% of the maximum cash amount authorized for this tranche. The transactions were executed between 22 and 31 December 2025 through J.P. Morgan SE, acting as manager of the first tranche.

UNITED STATES SECURITIES AND EXCHANGE

COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January, 2026

Commission file number: 1-10110

BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

(Exact name of Registrant as specified in its charter)

BANK BILBAO VIZCAYA ARGENTARIA, S.A.

(Translation of Registrant’s name into English)

Calle Azul 4,

28050 Madrid

Spain

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F  x Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes ¨ No   x

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ¨ No   x

Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”), in compliance with the securities market legislation, hereby communicates the following:

OTHER RELEVANT INFORMATION

Further to the notice of inside information of 19 December 2025, with registration number 3046, relating to the execution of the first tranche of a buyback program of own shares of BBVA (the “First Tranche”), and pursuant to article 5 of Regulation (EU) no. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse, BBVA informs–on the basis of the information received from J.P. Morgan SE as the First Tranche manager– that it has carried out the following transactions over BBVA shares in execution of the First Tranche between 22 December and 31 December 2025 (both inclusive):

 

The cash amount of the shares purchased to date as a result of the execution of the First Tranche amounts to 145,642,063.06 Euros, which, approximately, represents 9.71% of the maximum cash amount of the First Tranche.

Issuer name: Banco Bilbao Vizcaya Argentaria, S.A. - LEI K8MS7FD7N5Z2WQ51AZ71

ISIN Code of the ordinary shares of BBVA: ES0113211835

Madrid, 2 January 2026

This English version is a translation of the original in Spanish for information purposes only. In case of discrepancy, the Spanish original will prevail.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Banco Bilbao Vizcaya Argentaria, S.A.
Date: January 2, 2026	By:	/s/ José María Caballero Cobacho
	Name: José María Caballero Cobacho
	Title: Global ALM Director

FAQ

What did BBVA (BBVA) disclose in this January 2026 report?

BBVA disclosed an update on the first tranche of its share buyback program, detailing the cash amount spent so far and its proportion of the tranche’s maximum cash amount.

How much has BBVA spent so far in the first share buyback tranche?

BBVA has spent 145,642,063.06 euros on purchasing its own shares as part of the first tranche of the buyback program.

What proportion of the first tranche’s maximum cash amount has BBVA used?

The cash amount used so far, 145,642,063.06 euros, represents approximately 9.71% of the maximum cash amount of the first tranche.

Over what period were the BBVA share buyback transactions carried out?

The transactions in the first tranche were carried out over BBVA shares between 22 December and 31 December 2025, both dates inclusive.

Who manages the first tranche of BBVA’s share buyback program?

The first tranche of BBVA’s share buyback program is managed by J.P. Morgan SE, acting as the tranche manager.

What is the ISIN code of BBVA’s ordinary shares involved in the buyback?

The ordinary shares of BBVA involved in the buyback have the ISIN code ES0113211835.