Banco Santander Advances €2.14 Billion Share Buyback Programme
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Banco Santander ( (ES:SAN) ) has shared an announcement.
Banco Santander has provided an update on its ongoing share buyback programme, disclosing transactions in its own shares carried out between 12 and 18 March 2026 across several European trading venues. Over this period, the bank repurchased a total of 20,457,881 shares, as part of a wider programme approved by its board of directors earlier this year.
As of 18 March 2026, the total cash outlay under the buyback has reached €2.14 billion, representing about 42.6% of the programme’s maximum authorised investment. With these purchases, Santander has bought back roughly 16.5% of its outstanding shares since 2021, underlining its ongoing capital management strategy and signalling continued commitment to shareholder remuneration and balance-sheet optimisation.
More about Banco Santander
Banco Santander is a global banking group headquartered in Spain, operating across retail, commercial and investment banking, as well as consumer finance. The group focuses on core European and American markets, offering a broad range of financial services to individuals, small and medium-sized enterprises, and large corporates.
Learn more about SAN stock on TipRanks’ Stock Analysis page.
