STOCK TITAN

BBVA (BBVA) nears 75% of third-tranche share buyback cash limit

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reports continued execution of the third tranche of its share buyback program, managed by Citigroup Global Markets Europe AG under Regulation (EU) No. 596/2014 on market abuse. The bank completed transactions in its own shares between 6 July and 10 July 2026 as part of this tranche.

The cash amount invested in shares purchased to date in the third tranche is 1,042,288,580.83 Euros, which represents approximately 71.39% of the maximum cash amount authorized for this tranche.

Positive

  • None.

Negative

  • None.

Filing Explained

By July 10, BBVA had spent €1,042,288,580.83 on the Third Tranche, reaching approximately 71.39% of its maximum cash amount.

Form 6-K is a foreign private issuer’s interim report for material information published in its home market, and BBVA’s July 13, 2026 filing reports executed purchases under the Third Tranche of its own-share buyback program.

Between July 6 and July 10, 2026, BBVA carried out purchases of its own shares, meaning the disclosed structural effect is cash deployed by the issuer and shares acquired under the tranche rather than merely a proposed program.

The cash amount of shares purchased to date was €1,042,288,580.83, which the filing states represents approximately 71.39% of the tranche’s maximum cash amount.

The disclosure therefore establishes partial execution measured against a maximum cash ceiling; it does not report that the tranche has reached that ceiling.

Cash used in third tranche buyback 1,042,288,580.83 Euros Cash amount of BBVA shares purchased to date in the third tranche
Share of maximum cash amount used 71.39% Portion of the maximum cash amount of the third tranche already invested
Trading window 6 July to 10 July 2026 Dates during which reported third tranche buyback trades were executed
buyback program financial
"relating to the execution of the third of a buyback program of own shares"
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.
market abuse regulatory
"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.
Third Tranche financial
"relating to the execution of the third of a buyback program of own shares of BBVA (the “Third Tranche”)"

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

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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 July, 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 July and 10 July 2026 (both inclusive):

 

 

 

The cash amount of the shares purchased to date as a result of the execution of the Third Tranche amounts to 1,042,288,580.83 Euros, which, approximately, represents 71.39% 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, 13 July 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: July 13, 2026 By: /s/ José María Caballero Cobacho
  Name: José María Caballero Cobacho
  Title: Head of ALM