BBVA updates progress on third share buyback tranche

Banco Bilbao Vizcaya Argentaria (BBVA) provides an update on the third tranche of its share buyback program.

Rhea-AI Filing Summary

Banco Bilbao Vizcaya Argentaria (BBVA) provides an update on the third tranche of its share buyback program. Based on information from Citigroup Global Markets Europe AG, which manages this tranche, BBVA reports transactions in its shares between 6 May and 8 May 2026.

The cash amount invested in shares purchased to date under this third tranche is €79,292,603.00, which BBVA states represents approximately 5.43% of the tranche’s maximum cash amount. The update is released as other relevant information under market abuse rules.

Key Figures

Buyback cash used (Third Tranche): €79,292,603.00 Share of maximum cash amount: 5.43% Transaction window: 6–8 May 2026

3 metrics

Buyback cash used (Third Tranche) €79,292,603.00 Cumulative cash amount invested in shares to date under third tranche

Share of maximum cash amount 5.43% Portion of maximum cash amount for BBVA’s third buyback tranche

Transaction window 6–8 May 2026 Dates of reported BBVA share buyback transactions in this update

Key Terms

buyback program, inside information, Regulation (EU) no. 596/2014, Third Tranche, +1 more

5 terms

buyback program financial

"relating to the execution of the third of a buyback program of own shares of BBVA"

A buyback program is when a company uses cash to repurchase its own shares from the market or shareholders, which reduces the total number of shares available. For investors this can increase the value of each remaining share, signal that management thinks the stock is undervalued, and change ownership percentages — like a homeowner buying back units in a building so each remaining owner holds a larger slice of the same pie.

inside information regulatory

"Further to the notice of inside information of 19 December 2025"

Information not available to the public that, if known, would likely cause a company’s stock or bonds to rise or fall—for example, undisclosed earnings, deals, product results, or management plans. It matters because trading on that information gives an unfair advantage, can distort market prices, and is typically illegal or subject to strict rules, so investors watch for proper disclosure and compliance to protect fair, transparent markets.

Regulation (EU) no. 596/2014 regulatory

"pursuant to article 5 of Regulation (EU) no. 596/2014 of the European Parliament"

A European Union law that sets the rules to prevent insider trading and market manipulation, requiring companies and traders to disclose material information and behave transparently. Think of it as a referee and rulebook for financial markets: it helps keep trading fair, gives investors confidence that everyone has access to the same key facts, and creates legal duties and penalties that can affect stock prices and corporate disclosure practices.

Third Tranche financial

"relating to the execution of the third of a buyback program of own shares of BBVA (the “Third Tranche”)"

other relevant information regulatory

"hereby communicates the following OTHER RELEVANT INFORMATION"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did BBVA (BBVA) disclose in this May 2026 Form 6-K update?

BBVA disclosed progress on the third tranche of its share buyback program. It reported transactions in its own shares between 6 May and 8 May 2026, managed by Citigroup Global Markets Europe AG, and provided the total cash amount invested to date in this tranche.

How much has BBVA spent so far in the third tranche of its buyback?

BBVA reports spending €79,292,603.00 so far in the third tranche of its share buyback. The bank states this cash amount represents about 5.43% of the maximum cash amount earmarked for this tranche, indicating the program is still in an early stage.

What portion of BBVA’s third buyback tranche is completed according to this filing?

According to the filing, BBVA has executed about 5.43% of the maximum cash amount for the third tranche of its buyback. This figure is based on cumulative purchases totaling €79,292,603.00, showing that most of the planned capacity for this tranche remains unused.

Who manages BBVA’s third tranche share buyback program mentioned in the 6-K?

The third tranche of BBVA’s share buyback is managed by Citigroup Global Markets Europe AG. BBVA’s update on transactions between 6 May and 8 May 2026 is explicitly based on information received from this manager, which executes the purchases in BBVA shares.

Over what dates did BBVA buy back shares in this reported period?

BBVA states that the reported transactions for the third tranche occurred between 6 May and 8 May 2026, both dates inclusive. These purchases form part of the ongoing execution of the tranche, contributing to the cumulative cash amount already invested in the buyback.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/11/2026 - 07:19 AM EDT Learn about SEC filing dates

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 May, 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 in the CNMV 3046, and the notice of inside information of 30 April 2026, with registration number in the CNMV 3187 relating to the execution of the third of a buyback program of own shares of BBVA (the “Third 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 Citigroup Global Markets Europe AG as the Third Tranche manager– that it has carried out the following transactions over BBVA shares in execution of the Third Tranche between 6 May and 8 May 2026 (both inclusive):

 

The cash amount of the shares purchased to date as a result of the execution of the Third Tranche amounts to 79,292,603.00 Euros, which, approximately, represents 5.43% of the maximum cash amount of the Third Tranche.

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

ISIN Code of the ordinary shares of BBVA: ES0113211835

Madrid, 11 May 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: May 11, 2026	By: /s/ José María Caballero Cobacho
	Name: José María Caballero Cobacho
	Title: Head of ALM