Banco Santander updates share buyback progress
Banco Santander, S.A. reports an update on its share buyback programme, detailing purchases of its own shares between 28 August and 3 September 2025.
Rhea-AI Filing Summary
Banco Santander, S.A. reports an update on its share buyback programme, detailing purchases of its own shares between 28 August and 3 September 2025. The bank states that the cash amount invested in shares purchased up to 3 September 2025 totals 341,234,794 Euros, which is approximately 20.1% of the maximum investment amount of the programme. It adds that, with these purchases, it has repurchased approximately 14.4% of its outstanding shares as of 2021. During the 28 August to 3 September 2025 period, the bank bought a total of 5,373,435 shares across several trading venues at weighted average prices slightly above 8 Euros per share.
Positive
- None.
Negative
- None.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Banco Santander (SAN) disclose in this Form 6-K?
Banco Santander disclosed an update on its share buyback programme, including the value and volume of own shares it repurchased between 28 August and 3 September 2025.
Over what period does this Banco Santander buyback update apply?
The update covers transactions in Banco Santander’s own shares carried out between 28 August and 3 September 2025, both dates inclusive.
Where can investors find the detailed list of Banco Santander buyback trades?
The bank refers investors to Annex I, accessible via a provided link, which contains detailed information on each transaction between 28 August and 3 September 2025.
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 September, 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 September 4, 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 28 August and 3 September 2025 (both inclusive).
The cash amount of the shares purchased to 3 September 2025 as a result of the execution of the Buyback Programme amounts to 341,234,794 Euros, which represents approximately 20.1% 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 (€) |
| 28/08/2025 | SAN | Purchase | XMAD | 361,710 | 8.2110 |
| 28/08/2025 | SAN | Purchase | CEUX | 27,941 | 8.2083 |
| 28/08/2025 | SAN | Purchase | TQEX | 18,829 | 8.1820 |
| 28/08/2025 | SAN | Purchase | AQEU | 14,955 | 8.1776 |
| 29/08/2025 | SAN | Purchase | XMAD | 1,050,115 | 8.1150 |
| 29/08/2025 | SAN | Purchase | CEUX | 136,427 | 8.0983 |
| 29/08/2025 | SAN | Purchase | TQEX | 43,516 | 8.1219 |
| 29/08/2025 | SAN | Purchase | AQEU | 19,942 | 8.0981 |
| 01/09/2025 | SAN | Purchase | XMAD | 510,578 | 8.1539 |
| 01/09/2025 | SAN | Purchase | CEUX | 100,488 | 8.1493 |
| 01/09/2025 | SAN | Purchase | TQEX | 38,750 | 8.1496 |
| 01/09/2025 | SAN | Purchase | AQEU | 50,184 | 8.1524 |
| 02/09/2025 | SAN | Purchase | XMAD | 1,230,000 | 8.0827 |
| 02/09/2025 | SAN | Purchase | CEUX | 454,077 | 8.0379 |
| 02/09/2025 | SAN | Purchase | TQEX | 125,179 | 8.0454 |
| 02/09/2025 | SAN | Purchase | AQEU | 190,744 | 8.0453 |
| 03/09/2025 | SAN | Purchase | XMAD | 833,728 | 8.0462 |
| 03/09/2025 | SAN | Purchase | CEUX | 84,308 | 8.0558 |
| 03/09/2025 | SAN | Purchase | TQEX | 34,792 | 8.0369 |
| 03/09/2025 | SAN | Purchase | AQEU | 47,172 | 8.0623 |
| TOTAL | 5,373,435 |
1
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), 4 September 2025
2
ANNEX I
Detailed information on each of the transactions carried out within the context of the Buy-back Programme between 28/08/2025 and 03/09/2025 (both inclusive)
(https://www.santander.com/content/dam/santander-com/es/documentos/cumplimiento/do-anexo-i-28-ago-a-03-09-2025.pdf)
3
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: | September 4, 2025 | By: | /s/ Pedro de Mingo Kaminouchi | ||
| Name: | Pedro de Mingo Kaminouchi | ||||
| Title: | Head of Corporate Compliance | ||||
September 4, 2025