Banco Santander reports progress on its ongoing share buyback programme. As of 10 December 2025, the bank has invested €1,505,372,814 repurchasing its own shares, which is about 88.6% of the programme’s maximum investment amount announced in July 2025.
With these purchases, Banco Santander has bought back approximately 15.2% of its outstanding shares as of 2021, significantly reducing its share count over time. During the period from 4 to 10 December 2025, the bank repurchased 7,100,000 shares across several European trading venues at weighted average prices around €9.38–€9.55 per share.
Banco Santander, S.A. reports further progress on its share buyback programme. As of 3 December 2025, the bank has spent 1,437,943,994 Euros repurchasing its own shares, which it states is approximately 84.6% of the programme’s maximum investment amount. The bank indicates that, with these purchases, it has bought back around 15.1% of its outstanding shares as of 2021, meaning a significantly smaller share count for remaining shareholders.
Between 27 November and 3 December 2025, Banco Santander repurchased a total of 9,600,000 shares across several trading venues, at weighted average prices generally around €9.22–€9.45 per share. The purchases were made under the previously announced Buyback Programme and carried out in accordance with European market abuse and buyback regulations.
Banco Santander has completed an accelerated placement of 3,576,626 ordinary shares of its Polish subsidiary Santander Bank Polska, representing about 3.5% of that bank’s existing share capital, at a price of PLN 482.0 per share. This transaction comes alongside a previously announced envisaged sale of approximately 49% of Santander Bank Polska to Erste Group Bank AG. After the placement and completion of the envisaged sale to Erste, Banco Santander expects to hold around 9.7% of Santander Bank Polska’s shares.
The bank states that the placement supports its strategic focus on proactive capital optimization to create shareholder value. Santander plans to remain present in the Polish market through Santander Consumer and a planned strategic collaboration with Erste, aiming to combine strengths in Corporate & Investment Banking and give Erste access to Santander’s payments platforms. The remaining Santander-held shares in Santander Bank Polska are subject to a 90‑day post‑closing lock‑up, and settlement of the placement is expected on a T+2 basis on 4 December 2025.
Banco Santander, S.A. reports progress on its share buyback programme, stating that purchases to 26 November 2025 total 1,348,478,984 Euros, which is 79.3% of the programme’s maximum investment amount. The bank explains that, with these purchases, it has repurchased approximately 15.1% of its outstanding shares as of 2021. Between 20 and 26 November 2025, it bought 10,400,000 shares across several trading venues at weighted average prices close to 9 Euros per share.
Banco Santander, S.A. reports further progress on its share buyback programme. Between 13 and 19 November 2025, the bank repurchased 12,000,000 ordinary shares on several European trading venues, including XMAD, CEUX, TQEX and AQEU, at weighted average prices generally between €8.78 and €9.57 per share.
The total cash amount invested in the buyback to 19 November 2025 has reached €1,255,460,584, which is about 73.9% of the programme’s maximum investment amount. With these purchases, Banco Santander states it has repurchased approximately 15% of its outstanding shares as of 2021.
Banco Santander, S.A. (SAN) is having its Series 26 Subordinated Debt Securities due November 2025 removed from listing and registration on the New York Stock Exchange. The exchange is filing Form 25 to notify regulators that this specific class of securities will no longer trade on the NYSE under Section 12(b) of the Securities Exchange Act of 1934.
The NYSE states that it has followed its own rules and the applicable SEC regulations for striking this debt issue from listing and/or withdrawing its registration, and that the issuer has complied with the exchange’s requirements for voluntary withdrawal. This change applies only to the identified Series 26 subordinated notes and does not describe any broader financial or operating changes for Banco Santander.
Banco Santander, S.A. has decided to redeem early all of its 4.375% Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities (CoCos) with ISIN XS2102912966. These Additional Tier 1 instruments have an outstanding nominal total value of EUR 1,033,400,000 and are listed on the Global Exchange Market of the Irish Stock Exchange.
The early redemption has been authorised by the European Central Bank and will take place on the first optional call date, the distribution payment date falling on 14 January 2026, which is the sixth anniversary of issuance. Holders will receive the outstanding nominal value of each CoCo plus any accrued and unpaid distribution up to, but excluding, that date, in line with the original terms and conditions.
Banco Santander reported progress on its ongoing share buyback programme. As of 12 November 2025, purchases under the programme total €1,146,169,104, representing approximately 67.4% of the programme’s maximum investment amount.
Between 6 and 12 November 2025, the bank repurchased a total of 9,900,000 shares across venues including XMAD, CEUX, TQEX and AQEU, at disclosed weighted average prices per trade date. With these purchases, the bank states it has repurchased approximately 15% of its outstanding shares as of 2021. The securities are Banco Santander ordinary shares (ISIN ES0113900J37).
Banco Santander, S.A. filed a Form 13F reporting holdings as an institutional investment manager. The report lists 948 Form 13F information table entries with a total market value of $11,263,065,252.
The filing names five other included managers and is signed by Jose Galiana, Deputy Chief Accounting Officer.
Banco Santander, S.A. filed a Form 6-K to incorporate exhibits related to recently issued senior non-preferred notes into its Form F-3 registration statement. The filing covers three U.S. dollar tranches: $300,000,000 Senior Non Preferred Floating Rate Notes due 2030, $1,250,000,000 4.551% Senior Non Preferred Fixed Rate Notes due 2030, and $1,250,000,000 5.127% Senior Non Preferred Fixed Rate Notes due 2035.
The submission includes the underwriting agreement, a third supplemental indenture, and the forms of global notes, along with legal opinions and related consents. The Bank of New York Mellon, London Branch is listed as trustee, calculation agent and principal paying agent, and The Bank of New York Mellon SA/NV, Luxembourg Branch is registrar.