Dividends & Buybacks ·
Santander Holdings USA redeems 5.4M depositary shares at $25.00 per share
SNUS-PHSantander Holdings USA, Inc.
Santander Holdings USA, Inc. announced the redemption of all 135,000 outstanding shares of its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I, and the corresponding 5,400,000 depositary shares on October 15, 2026. The depositary shares will be redeemed at a price of $25.00 per share. A separate regular quarterly dividend declared for these securities will also be paid on October 15, 2026 to holders of record as of September 30, 2026. Santander Holdings USA, Inc. is the intermediate holding company for Banco Santander's U.S. operations, which include auto lending, retail and digital banking, commercial banking, corporate and investment banking, and wealth management.