BBVA (NYSE: BBVA) details €543.8M spent in first-tranche buyback

Rhea-AI Filing Summary

Banco Bilbao Vizcaya Argentaria (BBVA) reports progress on the first tranche of its share buyback program. Based on information from J.P. Morgan SE, which manages this tranche, BBVA has purchased shares for a total cash amount of 543,838,418.80 Euros. This amount represents approximately 36.26% of the maximum cash amount allocated to the first tranche of the buyback. The transactions were carried out in BBVA shares between 19 January and 23 January 2026, in line with European Union market abuse rules.

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 19 January and 23 January 2026 (both inclusive):

The cash amount of the shares purchased to date as a result of the execution of the First Tranche amounts to 543,838,418.80 Euros, which, approximately, represents 36.26% 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, 26 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 26, 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 6-K filing?

BBVA disclosed the progress of the first tranche of its share buyback program, detailing the cash amount invested in repurchasing its own shares over specific January 2026 trading days.

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

BBVA has spent 543,838,418.80 Euros on share repurchases as part of the first tranche of its buyback program.

What portion of BBVA's first-tranche buyback limit has been used?

The 543,838,418.80 Euros already spent represents approximately 36.26% of the maximum cash amount authorized for the first tranche of the buyback.

Over what period were the BBVA shares repurchased in this update?

The reported share repurchases under the first tranche were executed between 19 January and 23 January 2026, both dates inclusive.

Who is managing BBVA's first-tranche share buyback operations?

J.P. Morgan SE is acting as the manager for the first tranche of BBVA's share buyback program, executing transactions in BBVA shares on its behalf.

Which BBVA securities are being repurchased under this buyback tranche?

The buyback transactions involve BBVA's ordinary shares, which carry the ISIN code ES0113211835.