Banco Santander (SAN) details €379M spent and 14.4% shares bought back
Rhea-AI Filing Summary
Banco Santander reports progress on its ongoing share buyback programme. Between 4 and 10 September 2025, the bank repurchased a total of 4,600,000 ordinary shares of SAN across several trading venues, as part of the programme approved by its Board of Directors.
The bank states that, up to 10 September 2025, the cash amount invested in repurchasing its own shares under this programme totals 379,079,294 Euros, representing approximately 22.3% of the maximum investment amount authorised for the buyback. It also indicates that these purchases bring total repurchases under the programme to about 14.4% of its outstanding shares as of 2021.
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FAQ
What does Banco Santander (SAN) report in this Form 6-K?
Banco Santander provides an update on its share buyback programme, detailing purchases of 4,600,000 ordinary shares between 4 and 10 September 2025 and summarising the cumulative cash invested and proportion of shares repurchased so far.
How much has Banco Santander invested in its buyback programme to 10 September 2025?
The bank reports that the cash amount invested in repurchasing its own shares under the buyback programme totals 379,079,294 Euros as of 10 September 2025.
What portion of the authorised buyback amount has Banco Santander used so far?
Banco Santander states that the 379,079,294 Euros invested up to 10 September 2025 represents approximately 22.3% of the maximum investment amount authorised for its share buyback programme.
Where can investors find detailed transaction data for the Banco Santander buyback?
The bank indicates that detailed information on each transaction carried out between 4 and 10 September 2025 under the buyback programme is available in Annex I, accessible via the provided PDF link.
