Banco Santander (NYSE: SAN) has repurchased about 17.4% of shares
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Banco Santander, S.A. reports progress on its share buyback programme. The cash amount used to purchase its own shares reached 3,899,027,041 Euros as of 15 July 2026, representing approximately 77.5% of the programme’s maximum investment amount.
The bank states that, with these purchases, it has repurchased about 17.4% of its outstanding shares as of 2021. Between 9 and 15 July 2026, it bought 11,822,286 shares on XMAD and CEUX through several daily transactions at weighted average prices including €12.1509 and €11.9540 per share.
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Key Figures
Buyback cash amount: 3,899,027,041 Euros
Buyback vs maximum investment: 77.5%
Shares repurchased vs 2021 outstanding: 17.4%
+3 more
6 metrics
Buyback cash amount
3,899,027,041 Euros
Cash spent on own-share purchases as of 15 July 2026 under the Buyback Programme
Buyback vs maximum investment
77.5%
Proportion of the Buyback Programme’s maximum investment amount already used
Shares repurchased vs 2021 outstanding
17.4%
Approximate share of outstanding shares as of 2021 that have been repurchased
Shares bought 9–15 July 2026
11,822,286 shares
Total own shares repurchased between 9 and 15 July 2026 on XMAD and CEUX
Shares purchased 09/07/2026
2,000,000 shares
Own-share purchases on XMAD at weighted average price €12.0716
Weighted average price 10/07/2026
€12.1509
Price for 2,000,000 own shares repurchased on XMAD
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.
FAQ
What portion of the Banco Santander (SAN) buyback programme is already completed?
Banco Santander indicates it has used approximately 77.5% of the Buyback Programme’s maximum investment amount. This percentage is based on cumulative own-share purchases totaling 3,899,027,041 Euros as of 15 July 2026 under the authorised repurchase plan.
On which venues were Banco Santander (SAN) buyback trades carried out in this period?
Banco Santander executed its buyback trades on XMAD (the Spanish market) and CEUX. Between 9 and 15 July 2026, all 11,822,286 repurchased shares were acquired on these venues, in line with the parameters of the authorised Buyback Programme.

