Banco Santander (SAN) buyback covers 17.6% of 2021 shares
Rhea-AI Filing Summary
Banco Santander, S.A. reports ongoing execution of its share buyback programme of own shares. Up to 29 July 2026, it has purchased shares for a cash amount of 4,173,784,041 Euros, representing approximately 83% of the maximum investment amount of the Buyback Programme approved by its Board of Directors.
Between 23 and 29 July 2026, the bank repurchased a total of 10,000,000 shares of its ordinary stock on the XMAD and CEUX trading venues at weighted average prices that include 11.7513 Euros and 12.3208 Euros per share. With these purchases, Banco Santander has repurchased approximately 17.6% of its outstanding shares as of 2021.
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Key Figures
Buyback cash amount: 4,173,784,041 Euros
Buyback completion vs maximum amount: 83%
Shares repurchased vs 2021 outstanding: 17.6%
+5 more
8 metrics
Buyback cash amount
4,173,784,041 Euros
Cash amount of shares purchased under the Buyback Programme up to 29 July 2026
Buyback completion vs maximum amount
83%
Represents approximately 83% of the Buyback Programme’s maximum investment amount
Shares repurchased vs 2021 outstanding
17.6%
Bank has repurchased approximately 17.6% of its outstanding shares as of 2021
Shares purchased 23–29 July 2026
10,000,000 shares
Total number of Banco Santander shares repurchased between 23 and 29 July 2026
Weighted average price 23/07/2026 XMAD
11.7513 Euros
Weighted average purchase price per share on XMAD on 23 July 2026
Weighted average price 23/07/2026 CEUX
11.7503 Euros
Weighted average purchase price per share on CEUX on 23 July 2026
Weighted average price 27/07/2026 XMAD
12.3208 Euros
Weighted average purchase price per share on XMAD on 27 July 2026
Weighted average price 29/07/2026 XMAD
12.0043 Euros
Weighted average purchase price per share on XMAD on 29 July 2026
Key Terms
Buyback Programme, inside information, Regulation (EU) no. 596/2014 on Market Abuse, Commission Delegated Regulation (EU) 2016/1052, +1 more
5 terms
Buyback Programme financial
"relating to the buyback programme of own shares (the “Buyback Programme”)"
inside information regulatory
"Reference is made to our notice of inside information of 4 February 2026"
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 on Market Abuse regulatory
"Pursuant to article 5 of Regulation (EU) no. 596/2014 on Market Abuse"
Commission Delegated Regulation (EU) 2016/1052 regulatory
"and articles 2.2 and 2.3 of Commission Delegated Regulation (EU) 2016/1052"
weighted average price financial
"Number of shares | Weighted average price (€)"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How does the 4,173,784,041 Euros spent relate to Banco Santander (SAN)’s buyback limit?
The bank indicates that 4,173,784,041 Euros spent on share repurchases corresponds to approximately 83% of the Buyback Programme’s maximum investment amount. This shows the programme is substantially advanced toward its authorised cash limit.
On which venues did Banco Santander (SAN) execute buybacks from 23 to 29 July 2026?
During 23–29 July 2026, Banco Santander executed share repurchases on the XMAD and CEUX trading venues. The transactions involved multiple daily purchases, all classified as Purchase of ordinary shares with ISIN ES0113900J37.
What weighted average prices did Banco Santander (SAN) pay in its late-July 2026 buybacks?
In this period, the bank reports weighted average purchase prices including 11.7513 Euros and 11.7503 Euros per share on 23 July, and 12.3208 Euros per share on 27 July, reflecting execution across different days and venues.
