Banco Santander updates share buyback progress
Banco Santander reports progress on its ongoing share buyback programme.
Rhea-AI Filing Summary
Banco Santander reports progress on its ongoing share buyback programme. Between 14 and 20 August 2025, the bank repurchased 5,000,000 ordinary shares across several trading venues at weighted average prices ranging from €8.1189 to €8.2546 per share.
As of 20 August 2025, the total cash amount invested in the programme reaches €255,528,215, which is about 15% of the maximum investment amount approved for the buyback. The bank states that, with these purchases, it has repurchased approximately 14.4% of its outstanding shares as of 2021.
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Banco Santander (SAN) announce in this Form 6-K?
Banco Santander announced an update on its share buyback programme, detailing that it repurchased 5,000,000 ordinary shares between 14 and 20 August 2025 and provided cumulative figures for the programme.
How much has Banco Santander (SAN) invested in its buyback programme so far?
As of 20 August 2025, Banco Santander has invested €255,528,215 in its share buyback programme, which represents approximately 15% of the programme's maximum approved investment amount.
What security is being repurchased in Banco Santander’s (SAN) buyback?
The buyback programme involves ordinary shares of Banco Santander, S.A., identified by ISIN code ES0113900J37.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of August, 2025
Commission File Number: 001-12518
Banco Santander, S.A.
(Exact name of registrant as specified in its charter)
Ciudad Grupo Santander
28660 Boadilla del Monte (Madrid) Spain
(Address of principal executive office)
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 |
Banco Santander, S.A.
TABLE OF CONTENTS
Item |
|
| 1 | Report of Other Relevant Information dated August 21, 2025 |
Item 1
Banco Santander, S.A. (the “Bank” or “Banco Santander”), in compliance with the Securities Market legislation, hereby communicates the following:
OTHER RELEVANT INFORMATION
Reference is made to our notice of inside information of 30 July 2025 (official registry number 2844) (the “Buyback Commencement Communication”), relating to the buyback programme of own shares (the “Buyback Programme”) approved by the Board of Directors of Banco Santander.
Pursuant to article 5 of Regulation (EU) no. 596/2014 on Market Abuse of 16 April 2014, and articles 2.2 and 2.3 of Commission Delegated Regulation (EU) 2016/1052, of 8 March 2016, the Bank informs of the transactions carried out over its own shares between 14 and 20 August 2025 (both inclusive).
The cash amount of the shares purchased to 20 August 2025 as a result of the execution of the Buyback Programme amounts to 255,528,215 Euros, which represents approximately 15% of the maximum investment amount of the Buyback Programme. The programme was announced together with its other characteristics through the Buyback Commencement Communication. With these purchases, the Bank has repurchased approximately 14.4% of its outstanding shares as of 2021.
| Date | Security | Transaction | Trading venue | Number of shares | Weighted average price (€) |
| 14/08/ 2025 | SAN | Purchase | XMAD | 739,175 | 8.1532 |
| 14/08/ 2025 | SAN | Purchase | CEUX | 6,974 | 8.1189 |
| 14/08/ 2025 | SAN | Purchase | AQEU | 3,851 | 8.1200 |
| 15/08/ 2025 | SAN | Purchase | XMAD | 650,000 | 8.2546 |
| 18/08/ 2025 | SAN | Purchase | XMAD | 979,811 | 8.1462 |
| 18/08/ 2025 | SAN | Purchase | CEUX | 154,458 | 8.1356 |
| 18/08/ 2025 | SAN | Purchase | TQEX | 65,726 | 8.1406 |
| 18/08/ 2025 | SAN | Purchase | AQEU | 50,005 | 8.1458 |
| 19/08/ 2025 | SAN | Purchase | XMAD | 477,257 | 8.2436 |
| 19/08/ 2025 | SAN | Purchase | CEUX | 128,727 | 8.2435 |
| 19/08/ 2025 | SAN | Purchase | TQEX | 27,683 | 8.2498 |
| 19/08/ 2025 | SAN | Purchase | AQEU | 66,333 | 8.2433 |
| 20/08/ 2025 | SAN | Purchase | XMAD | 1,311,452 | 8.1502 |
| 20/08/ 2025 | SAN | Purchase | CEUX | 191,058 | 8.1508 |
| 20/08/ 2025 | SAN | Purchase | TQEX | 77,989 | 8.1511 |
| 20/08/ 2025 | SAN | Purchase | AQEU | 69,501 | 8.1479 |
| TOTAL | 5,000,000 |
Issuer name: Banco Santander, S.A. - LEI 5493006QMFDDMYWIAM13
Reference of the financial instrument: ordinary shares - Code ISIN ES0113900J37
Detailed information of the transactions carried out within the referred period is attached as Annex I.
Boadilla del Monte (Madrid), 21 August 2025
1
ANNEX I
Detailed information on each of the transactions carried out within the context of the Buy-back Programme between 14/08/2025 and 20/08/2025 (both inclusive)
(https://www.santander.com/content/dam/santander-com/es/documentos/cumplimiento/do-anexo-i-14-a-20-ago-2025.pdf)
2
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 Santander, S.A. | |||||
| Date: | August 21, 2025 | By: | /s/ Pedro de Mingo Kaminouchi | ||
| Name: | Pedro de Mingo Kaminouchi | ||||
| Title: | Head of Corporate Compliance | ||||