BBVA (NYSE: BBVA) buyback first tranche reaches 69.67% of cap

Rhea-AI Filing Summary

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) provides an update on the first tranche of its share buyback program. The cash amount invested in BBVA shares so far under this tranche is 1,045,068,244.74 euros, which BBVA states is approximately 69.67% of the tranche’s maximum cash amount.

These purchases were executed between 9 February and 13 February 2026, both dates inclusive, based on trading carried out by J.P. Morgan SE, which is managing this first tranche. The update is presented as other relevant information under European 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 February, 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 9 February and 13 February 2026 (both inclusive):

The cash amount of the shares purchased to date as a result of the execution of the First Tranche amounts to 1,045,068,244.74 Euros, which, approximately, represents 69.67% 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, 16 February 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: February 16, 2026	By:	/s/ José María Caballero Cobacho
	Name:	José María Caballero Cobacho
	Title:	Global ALM Director

FAQ

What does BBVA (BBVA) report in this Form 6-K about its share buyback?

BBVA reports progress on the first tranche of its share buyback program. It states that purchases so far total 1,045,068,244.74 euros, representing approximately 69.67% of that tranche’s maximum cash amount, based on trades executed between 9 and 13 February 2026.

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

BBVA has spent 1,045,068,244.74 euros so far in the first tranche of its buyback program. The company explains this amount represents about 69.67% of the maximum cash amount authorized for that specific tranche of share repurchases.

What portion of BBVA’s first buyback tranche is completed according to this filing?

BBVA indicates that approximately 69.67% of the maximum cash amount of the first tranche has been used. This figure is based on total purchases of 1,045,068,244.74 euros in BBVA shares under the tranche as of trades dated 9–13 February 2026.

Over what dates were BBVA’s buyback trades executed in this tranche update?

The reported buyback trades were executed between 9 February and 13 February 2026, both dates inclusive. BBVA notes that this activity occurred under the first tranche of its share repurchase program, managed by J.P. Morgan SE as the designated intermediary.

Who manages the first tranche of BBVA’s (BBVA) share buyback program?

The first tranche of BBVA’s share buyback program is managed by J.P. Morgan SE. BBVA explains that the information in this update is based on data received from J.P. Morgan SE regarding purchases of BBVA shares executed between 9 and 13 February 2026.

Which regulation does BBVA reference for this buyback information disclosure?

BBVA references article 5 of Regulation (EU) No. 596/2014 on market abuse for this disclosure. The company classifies the update as other relevant information related to the execution of the first tranche of its own-share buyback program, following prior inside information on 19 December 2025.