[6-K] BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Current Report (Foreign Issuer)
BBVA provided an update on its voluntary tender offer for Banco de Sabadell, confirming the minimum acceptance needed to satisfy the offer’s condition of obtaining “at least more than half of the voting rights.”
After Banco Sabadell reported 26,280,538 treasury shares, representing 0.52% of its share capital, the shares entitled to vote total 4,997,397,194 (4,997,397 voting rights). As a result, the offer requires acceptances covering 2,498,699,000 Banco Sabadell shares (2,498,699 voting rights) for the condition to be met. The acceptance period ended on October 10, 2025; this notice reflects the threshold calculation tied to that date.
BBVA ha fornito un aggiornamento sulla sua offerta pubblica di acquisto volontaria per Banco de Sabadell, confermando la soglia minima di accettazione necessaria per soddisfare la condizione dell'offerta di ottenere «almeno più della metà dei diritti di voto».
Dopo che Banco de Sabadell ha riferito 26.280.538 azioni di tesoreria, rappresentanti 0,52% del suo capitale sociale, le azioni con diritto di voto ammontano a 4.997.397.194 (4.997.397 diritti di voto). Di conseguenza, l'offerta richiede accettazioni che coprano 2.498.699.000 azioni di Banco de Sabadell (2.498.699 diritti di voto) affinché la condizione sia soddisfatta. Il periodo di accettazione è terminato il 10 ottobre 2025; questa comunicazione riflette il calcolo della soglia legata a tale data.
BBVA ha proporcionado una actualización sobre su oferta pública de adquisición voluntaria de Banco de Sabadell, confirmando el mínimo de aceptación necesario para satisfacer la condición de la oferta de obtener «al menos más de la mitad de los derechos de voto».
Después de que Banco de Sabadell informó 26.280.538 acciones en tesorería, que representan 0,52% de su capital social, las acciones con derecho a voto totalizan 4.997.397.194 (4.997.397 derechos de voto). En consecuencia, la oferta requiere aceptaciones que cubran 2.498.699.000 acciones de Banco de Sabadell (2.498.699 derechos de voto) para que se cumpla la condición. El período de aceptación terminó el 10 de octubre de 2025; este aviso refleja el cálculo del umbral vinculado a esa fecha.
BBVA는 Banco de Sabadell에 대한 자발적 공개매수 제안에 대한 업데이트를 제공했으며, 제안의 조건인 '표결권의 절반 이상을 얻는 것'을 충족하기 위한 최소 수용 요건을 확인했습니다.
Banco de Sabadell가 26,280,538의 자사주를 보고했으며, 이는 자본금의 0.52%에 해당하고, 의결권이 있는 주식은 총 4,997,397,194주(의결권 4,997,397)입니다. 결과적으로, 조건을 충족하려면 2,498,699,000주(의결권 2,498,699)의 수용이 필요합니다. 수락 기간은 2025년 10월 10일에 종료되었습니다; 이 고지는 해당 날짜에 묶인 임계값 계산을 반영합니다.
BBVA a fourni une mise à jour sur son offre publique d'achat volontaire sur Banco de Sabadell, en confirmant le minimum d'acceptation nécessaire pour satisfaire la condition d'obtenir « au moins plus de la moitié des droits de vote ».
Après que Banco de Sabadell a déclaré 26 280 538 actions en trésorerie, représentant 0,52% de son capital social, les actions donnant droit à vote s'élèvent à 4 997 397 194 (4 997 397 droits de vote). En conséquence, l'offre nécessite des acceptations couvrant 2 498 699 000 actions de Banco de Sabadell (2 498 699 droits de vote) pour que la condition soit remplie. La période d'acceptation s'est terminée le 10 octobre 2025; cet avis reflète le calcul du seuil lié à cette date.
BBVA hat ein Update zu seinem freiwilligen Übernahmeangebot für Banco de Sabadell vorgelegt und bestätigt die minimale Akzeptanz, die erforderlich ist, um die Bedingung des Angebots zu erfüllen, mindestens mehr als die Hälfte der Stimmrechte zu erhalten.
Nachdem Banco de Sabadell 26.280.538 Treasury-Aktien gemeldet hat, was 0,52% des Grundkapitals entspricht, belaufen sich die stimmberechtigten Aktien auf 4.997.397.194 (4.997.397 Stimmrechte). Folglich erfordert das Angebot Akzeptanzen, die 2.498.699.000 Banco-Sabadell-Aktien (2.498.699 Stimmrechte) abdecken, damit die Bedingung erfüllt ist. Der Annahmezeitraum endete am 10. Oktober 2025; diese Mitteilung spiegelt die Schwellenwertberechnung in Bezug auf dieses Datum wider.
قدمت BBVA تحديثًا بشأن عرض الشراء الطوعي لبنك Sabadell، مما أكد الحد الأدنى من القبول اللازم لتحقيق شرط العرض في الحصول على «على الأقل أكثر من نصف حقوق التصويت».
بعد أن بلغ Banco de Sabadell عن 26,280,538 سهمًا خزينة تمثل 0,52% من رأس ماله، ما مجموعه الأسهم التي تملك حق التصويت هو 4,997,397,194 (4,997,397 حق التصويت). وبناء عليه، يتطلب العرض قبولًا يغطي 2,498,699,000 من أسهم Banco Sabadell (2,498,699 حق التصويت) لتحقيق الشرط. انتهت فترة القبول في 10 أكتوبر 2025; يعكس هذا الإخطار حساب العتبة المرتبط بذلك التاريخ.
BBVA 已就对 Banco de Sabadell 的自愿要约提供了更新，确认满足要约条件“至少超过一半的表决权”所需的最低接受数。
在 Banco de Sabadell 报告了 26,280,538 股库藏股，占其股本的 0.52%，有投票权的股份总数为 4,997,397,194 股（4,997,397 个表决权）。因此，要约需要覆盖 2,498,699,000 股 Banco Sabadell（2,498,699 个表决权）以满足条件。接受期于 2025年10月10日 结束；本通知反映了与该日期相关的阈值计算。
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Insights
BBVA clarifies the exact acceptance threshold for its Sabadell bid.
The tender offer is conditioned on BBVA securing “at least more than half of the voting rights.” With Banco Sabadell’s treasury shares of 26,280,538 (
This disclosure quantifies the hurdle using the
BBVA ha fornito un aggiornamento sulla sua offerta pubblica di acquisto volontaria per Banco de Sabadell, confermando la soglia minima di accettazione necessaria per soddisfare la condizione dell'offerta di ottenere «almeno più della metà dei diritti di voto».
Dopo che Banco de Sabadell ha riferito 26.280.538 azioni di tesoreria, rappresentanti 0,52% del suo capitale sociale, le azioni con diritto di voto ammontano a 4.997.397.194 (4.997.397 diritti di voto). Di conseguenza, l'offerta richiede accettazioni che coprano 2.498.699.000 azioni di Banco de Sabadell (2.498.699 diritti di voto) affinché la condizione sia soddisfatta. Il periodo di accettazione è terminato il 10 ottobre 2025; questa comunicazione riflette il calcolo della soglia legata a tale data.
BBVA ha proporcionado una actualización sobre su oferta pública de adquisición voluntaria de Banco de Sabadell, confirmando el mínimo de aceptación necesario para satisfacer la condición de la oferta de obtener «al menos más de la mitad de los derechos de voto».
Después de que Banco de Sabadell informó 26.280.538 acciones en tesorería, que representan 0,52% de su capital social, las acciones con derecho a voto totalizan 4.997.397.194 (4.997.397 derechos de voto). En consecuencia, la oferta requiere aceptaciones que cubran 2.498.699.000 acciones de Banco de Sabadell (2.498.699 derechos de voto) para que se cumpla la condición. El período de aceptación terminó el 10 de octubre de 2025; este aviso refleja el cálculo del umbral vinculado a esa fecha.
BBVA는 Banco de Sabadell에 대한 자발적 공개매수 제안에 대한 업데이트를 제공했으며, 제안의 조건인 '표결권의 절반 이상을 얻는 것'을 충족하기 위한 최소 수용 요건을 확인했습니다.
Banco de Sabadell가 26,280,538의 자사주를 보고했으며, 이는 자본금의 0.52%에 해당하고, 의결권이 있는 주식은 총 4,997,397,194주(의결권 4,997,397)입니다. 결과적으로, 조건을 충족하려면 2,498,699,000주(의결권 2,498,699)의 수용이 필요합니다. 수락 기간은 2025년 10월 10일에 종료되었습니다; 이 고지는 해당 날짜에 묶인 임계값 계산을 반영합니다.
BBVA a fourni une mise à jour sur son offre publique d'achat volontaire sur Banco de Sabadell, en confirmant le minimum d'acceptation nécessaire pour satisfaire la condition d'obtenir « au moins plus de la moitié des droits de vote ».
Après que Banco de Sabadell a déclaré 26 280 538 actions en trésorerie, représentant 0,52% de son capital social, les actions donnant droit à vote s'élèvent à 4 997 397 194 (4 997 397 droits de vote). En conséquence, l'offre nécessite des acceptations couvrant 2 498 699 000 actions de Banco de Sabadell (2 498 699 droits de vote) pour que la condition soit remplie. La période d'acceptation s'est terminée le 10 octobre 2025; cet avis reflète le calcul du seuil lié à cette date.
BBVA hat ein Update zu seinem freiwilligen Übernahmeangebot für Banco de Sabadell vorgelegt und bestätigt die minimale Akzeptanz, die erforderlich ist, um die Bedingung des Angebots zu erfüllen, mindestens mehr als die Hälfte der Stimmrechte zu erhalten.
Nachdem Banco de Sabadell 26.280.538 Treasury-Aktien gemeldet hat, was 0,52% des Grundkapitals entspricht, belaufen sich die stimmberechtigten Aktien auf 4.997.397.194 (4.997.397 Stimmrechte). Folglich erfordert das Angebot Akzeptanzen, die 2.498.699.000 Banco-Sabadell-Aktien (2.498.699 Stimmrechte) abdecken, damit die Bedingung erfüllt ist. Der Annahmezeitraum endete am 10. Oktober 2025; diese Mitteilung spiegelt die Schwellenwertberechnung in Bezug auf dieses Datum wider.
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 October, 2025
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”), pursuant to the provisions of the Spanish Securities Market Act, hereby proceeds by means of the present document to notify the following:
OTHER RELEVANT INFORMATION
In relation to the voluntary tender offer launched by BBVA for the entire share capital of Banco de Sabadell, S.A. (“Banco Sabadell”) and authorized by the Spanish Securities Market Commission (CNMV) on September 5, 2025 (the “Offer”), and whose acceptance period ended on October 10, 2025, BBVA, in response to a request from the CNMV and for information purposes only, hereby announces that:
As stated in section II.4.1.1 of the Offer prospectus, the effectiveness of the Offer is subject to the condition that the Offer is accepted by a number of Banco Sabadell shares that allows BBVA to acquire at least more than half of the voting rights of Banco Sabadell’s shares at the end of the acceptance period, excluding any treasury shares held by Banco Sabadell at that time.
In relation to the foregoing, Banco Sabadell has informed CNMV, which in turn has communicated such information to BBVA, that as of October 10, 2025, it directly and indirectly holds 26,280,538 treasury shares, representing 0.52% of its share capital. Therefore, the total number of Banco Sabadell shares excluding treasury stock amounts to 4,997,397,194 (4,997,397 voting rights).
Taking the above into account, it is announced that the minimum number of Banco Sabadell shares that must accept the Offer in order for the aforementioned minimum acceptance condition to be met is 2,498,699,000 Banco Sabadell shares (2,498,699 voting rights).
Madrid, October 14, 2025
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: October 14, 2025 | ||||||||
| By: /s/ Victoria del Castillo Marchese | ||||||||
Name: Victoria del Castillo Marchese |
||||||||
| Title: Global Head of Strategy & M&A | ||||||||
