Recent Updates — SAN
Banco Santander has completed its share repurchase programme, acquiring a total of 150,595,100 own shares at a maximum investment of EUR 1,825 million. The bank intends to reduce its share capital by cancelling these shares, which represents approximately 1.03% of the Bank’s share capital and reduces the nominal value by EUR 75,297,550. This action is expected to increase profit per share for holders. The implementation of this capital reduction was approved at the ordinary general shareholders’ meeting on March 27, 2026, and authorized by the European Central Bank on July 20, 2026. Banco Santander operates as a multinational financial services company providing banking, insurance, and asset management products globally.
Banco Santander, S.A. announced it will release its financial results for the first nine months of 2026 on Wednesday, October 28, 2026. An analyst presentation via audio conference is scheduled for 10:00 a.m. Madrid time, followed by a media presentation at 12:00 p.m. Documentation will be published on the company's website prior to the events. Banco Santander operates as a global financial services group providing banking and insurance products.
Banco Santander completed the acquisition of Webster Financial Corporation on August 20, 2026. The bank also executed a capital increase through non-cash contributions approved in March 2026, issuing 329,846,438 new shares at an issue price of EUR 10.7896 per share. This transaction raised approximately EUR 3.56 billion and increased the bank's share capital to EUR 7.51 billion, representing 15,019,165,940 shares with a nominal value of EUR 0.50 each. The new shares were fully subscribed and paid up. Banco Santander operates in the global banking and financial services industry.