STOCK TITAN

BBVA (NYSE: BBVA) advances Third Tranche share buyback program

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Banco Bilbao Vizcaya Argentaria (BBVA) reports continued execution of the Third Tranche of its share buyback program. Between 1 and 5 June 2026, BBVA repurchased 7,820,054 shares of its stock, mainly on the Spanish market (XMAD), at daily weighted average prices around €19.6–€20 per share.

The cash paid for shares purchased so far in this Third Tranche totals €602,382,985.25, which BBVA states represents approximately 41.26% of the maximum cash amount allocated to this tranche. Citigroup Global Markets Europe AG is managing this phase of the buyback under EU market abuse rules.

Positive

  • None.

Negative

  • None.
Shares repurchased 1–5 June 2026 7,820,054 shares Total BBVA shares bought in the specified five-day period
Cash spent in Third Tranche to date €602,382,985.25 Cumulative cash amount for Third Tranche purchases
Third Tranche cash usage 41.26% Portion of maximum cash amount for Third Tranche already used
Shares bought 1 June 2026 (XMAD) 1,625,000 shares Repurchases on XMAD at weighted average price €19.8618
Shares bought 2 June 2026 (XMAD) 1,250,000 shares Repurchases on XMAD at weighted average price €19.9768
Shares bought 5 June 2026 (XMAD) 1,700,000 shares Repurchases on XMAD at weighted average price €19.5688
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.
Third Tranche financial
"relating to the execution of the third of a buyback program of own shares of BBVA (the “Third Tranche”)"
Regulation (EU) no. 596/2014 regulatory
"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"
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.
inside information regulatory
"Further to the notice of inside information of 19 December 2025, with registration number in the CNMV 3046"
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.
market abuse regulatory
"article 5 of Regulation (EU) no. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse"
Market abuse is illegal or unethical behavior that distorts the price or fairness of buying and selling financial assets, such as using secret information to trade, spreading false or misleading news, or creating fake buying and selling to give a false impression of demand. It matters to investors because it can cause unfair losses, unreliable prices and legal or reputational fallout; like cheating in a game or tampering with a scale, it destroys confidence that markets reflect true value.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What does BBVA’s June 2026 Form 6-K disclose about its share buyback?

BBVA’s June 2026 Form 6-K discloses progress in its Third Tranche share buyback program. Between 1 and 5 June 2026, the bank repurchased 7,820,054 shares on regulated venues, continuing a previously announced capital management initiative under EU market abuse regulations.

How many BBVA shares were repurchased between 1 and 5 June 2026?

BBVA repurchased 7,820,054 shares between 1 and 5 June 2026. Purchases occurred primarily on the XMAD trading venue through multiple daily transactions, each with its own weighted average price, as part of the ongoing Third Tranche of its share buyback program.

What cash amount has BBVA spent so far in the Third Tranche buyback?

BBVA has spent €602,382,985.25 so far in the Third Tranche. The filing states this cumulative cash amount for purchased shares represents approximately 41.26% of the maximum cash amount authorized for this tranche of the buyback program.

What portion of BBVA’s Third Tranche buyback capacity is already used?

Approximately 41.26% of the Third Tranche’s maximum cash amount has been used. BBVA explains that the €602,382,985.25 spent on share repurchases to date corresponds to this proportion of the total cash limit for the tranche.

Which trading venue handled most BBVA share repurchases in early June 2026?

Most BBVA share repurchases in early June 2026 were executed on XMAD. The transaction table shows sizeable daily purchases on the Spanish exchange, while other venues like AQEU, CEUX and TQEX recorded zero shares during this specific five-day period.

Who manages BBVA’s Third Tranche share buyback program?

Citigroup Global Markets Europe AG manages BBVA’s Third Tranche buyback. BBVA notes that information on executed transactions comes from Citigroup in its role as manager, operating under Article 5 of Regulation (EU) No. 596/2014 on market abuse.

 

 

 

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 June, 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 1 June and 5 June 2026 (both inclusive):

 

Date  Security  Transaction  Trading Venue  Number of
Shares
   Weighted
Average Price (€)
 
6/1/2026  BBVA.MC  Purchase  AQEU   0    0 
6/1/2026  BBVA.MC  Purchase  XMAD   1,625,000    19.8618 
6/1/2026  BBVA.MC  Purchase  CEUX   0    0 
6/1/2026  BBVA.MC  Purchase  TQEX   0    0 
6/2/2026  BBVA.MC  Purchase  AQEU   0    0 
6/2/2026  BBVA.MC  Purchase  XMAD   1,250,000    19.9768 
6/2/2026  BBVA.MC  Purchase  CEUX   0    0 
6/2/2026  BBVA.MC  Purchase  TQEX   0    0 
6/3/2026  BBVA.MC  Purchase  AQEU   0    0 
6/3/2026  BBVA.MC  Purchase  XMAD   1,650,000    19.7464 
6/3/2026  BBVA.MC  Purchase  CEUX   0    0 
6/3/2026  BBVA.MC  Purchase  TQEX   0    0 
6/4/2026  BBVA.MC  Purchase  AQEU   0    0 
6/4/2026  BBVA.MC  Purchase  XMAD   1,595,054    19.6620 
6/4/2026  BBVA.MC  Purchase  CEUX   0    0 
6/4/2026  BBVA.MC  Purchase  TQEX   0    0 
6/5/2026  BBVA.MC  Purchase  AQEU   0    0 
6/5/2026  BBVA.MC  Purchase  XMAD   1,700,000    19.5688 
6/5/2026  BBVA.MC  Purchase  CEUX   0    0 
6/5/2026  BBVA.MC  Purchase  TQEX   0    0 
         TOTAL   7,820,054      

 

The cash amount of the shares purchased to date as a result of the execution of the Third Tranche amounts to 602,382,985.25 Euros, which, approximately, represents 41.26% 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, 8 June 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: June 8, 2026  
  By: /s/ José María Caballero Cobacho
  Name: José María Caballero Cobacho
  Title: Head of ALM