Dividends & Buybacks ·
Banco Santander’s board approved a new share repurchase programme with a maximum investment of 1,825 million euros…
BCDRFBanco Santander, S.A.
Banco Santander’s board approved a new share repurchase programme with a maximum investment of 1,825 million euros, representing approximately 25% of the Group’s underlying profit for the first half of 2026. The programme allows for the acquisition of up to 1,468,931,950 shares, or roughly 150.8 million shares assuming an average purchase price of 12.10 euros. Execution is scheduled to commence on August 24, 2026, following the completion of a current programme by Goldman Sachs International, with an indicative duration of 98 trading days ending January 8, 2027. The filing also notes that the payment of an interim cash dividend against 2026 results is expected to be submitted to the Board for approval on September 29, 2026. Banco Santander operates as a multinational financial services company providing banking and insurance products globally.