Banco Santander Nears Midpoint of Major Share Buyback Programme
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Banco Santander ( (ES:SAN) ) has shared an update.
Banco Santander has provided an update on its ongoing share buyback programme, launched in early February 2026 under EU market abuse regulations. The bank reported that by 25 March 2026 it had invested €2.4 billion in repurchases, equivalent to 47.8% of the programme’s maximum investment amount and representing about 16.6% of its outstanding shares as of 2021.
Between 19 and 25 March, Banco Santander repurchased 28,038,361 shares across several European trading venues, including the Spanish market and multilateral platforms. The scale of the buyback underscores the bank’s continued focus on returning capital to shareholders and may improve earnings per share and capital efficiency, potentially strengthening its market valuation and signaling confidence in its financial position.
More about Banco Santander
Banco Santander is a global banking group headquartered in Spain, providing retail and commercial banking, corporate and investment banking, and wealth management services. The group has a strong presence in Europe and the Americas, focusing on mass-market retail customers as well as small and medium-sized enterprises, and is one of the largest listed banks in the eurozone by market capitalization.
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