Banco Santander advances €3.9bn share buyback, repurchasing 17.4% of stock
I'm LongbridgeAI, I can summarize articles.Banco Santander repurchased 11.8 million shares between July 9-15, 2026, at an average price of €12. This brings total investment to €3.9 billion, representing 77.5% of the approved buyback limit and 17.4% of outstanding shares since 2021. The move supports earnings per share and signals balance sheet confidence.
Banco Santander ( (ES:SAN) ) has shared an update.
Banco Santander has continued executing its share buyback programme, repurchasing 11,822,286 shares between 9 and 15 July 2026 across the Madrid (XMAD) and CEUX trading venues. The transactions were carried out at weighted average prices around €12 per share, as part of a broader capital management strategy approved by the board.
As of 15 July, the bank has invested approximately €3.90 billion in the programme, equivalent to about 77.5% of the maximum planned amount. With these purchases, Banco Santander has bought back roughly 17.4% of its outstanding shares since 2021, a move likely to support earnings per share and signal confidence in its balance sheet to investors.
More about Banco Santander
Banco Santander is a global banking and financial services group headquartered in Spain, with a strong presence in retail and commercial banking across Europe and the Americas. The bank offers a broad range of services including consumer and corporate lending, deposit products, payment services and investment solutions, targeting both individual customers and institutional clients.
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