STOCK TITAN

BBVA (NYSE: BBVA) buyback reaches 72.7% of second tranche cash limit

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) reports continued execution of the second tranche of its own-share buyback program. Based on data from Citigroup Global Markets Europe AG, BBVA purchased shares between 7 and 10 April 2026 under this tranche.

The cash amount invested in shares for the second tranche totals 727,183,500 Euros, which represents approximately 72.7% of the maximum cash amount set for this tranche of the buyback program.

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Cash used in second tranche buyback 727,183,500 Euros Total cash amount invested in BBVA shares in second tranche
Second tranche completion level 72.7% Portion of the maximum cash amount for the second tranche
Execution window for recent trades 7–10 April 2026 Dates when BBVA shares were repurchased in the market
buyback program financial
"relating to the execution of the second tranche 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.
Second Tranche financial
"relating to the execution of the second tranche of a buyback program of own shares of BBVA (the “Second Tranche”)"
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 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.
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.

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

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FAQ

What did BBVA (BBVA) announce in its April 2026 Form 6-K?

BBVA reported progress on the second tranche of its share buyback program. It disclosed share repurchases executed between 7 and 10 April 2026, based on information from Citigroup Global Markets Europe AG, the manager of this tranche.

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

BBVA has spent a cash amount of 727,183,500 Euros on share repurchases in the second tranche. This figure reflects the total cash used to acquire its own shares under this tranche up to the reported date.

What portion of BBVA’s second tranche buyback limit has been used?

The 727,183,500 Euros spent so far represents approximately 72.7% of the maximum cash amount for the second tranche. This indicates that most of the authorized cash capacity for this phase of the buyback has already been deployed.

Over what period did BBVA execute these recent share repurchases?

BBVA’s recent share repurchases for the second tranche were executed between 7 April and 10 April 2026, both dates inclusive. The transactions were carried out over BBVA shares in the market within that specific period.

Who manages BBVA’s second tranche share buyback program?

Citigroup Global Markets Europe AG manages the second tranche of BBVA’s share buyback program. BBVA’s update on the cash amount and execution status is based on information received from this appointed manager.

Which BBVA shares are being repurchased in the buyback program?

The buyback program covers ordinary shares of BBVA with ISIN code ES0113211835. The company is repurchasing these listed ordinary shares as part of the second tranche described in the April 2026 update.

 

 

 

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 April, 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 20 March 2026, with registration number in the CNMV 3146 relating to the execution of the second tranche of a buyback program of own shares of BBVA (the “Second 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 Second Tranche manager– that it has carried out the following transactions over BBVA shares in execution of the Second Tranche between 7 April and 10 April 2026 (both inclusive):

 

 

The cash amount of the shares purchased to date as a result of the execution of the Second Tranche amounts to 727,183,500.00 Euros, which, approximately, represents 72.7% of the maximum cash amount of the Second Tranche.

 

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

 

ISIN Code of the ordinary shares of BBVA: ES0113211835

 

Madrid, 13 April 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: April 13, 2026  
  By: /s/ José María Caballero Cobacho
  Name: José María Caballero Cobacho
  Title: Global ALM Director