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MADRID - Banco Santander (BME:SAN) S.A. has repurchased approximately 15% of the maximum investment amount under its current share buyback program, according to a statement released Thursday.
The Spanish banking giant reported that between August 14 and August 20, 2025, it purchased 5 million of its own shares at a total cost of €255,528,215. The transactions were executed across multiple trading venues including XMAD, CEUX, TQEX, and AQEU.
The weighted average price of the shares purchased during this period ranged from €8.12 to €8.25 per share. The largest single-day purchase occurred on August 20, when the bank acquired more than 1.6 million shares.
The buyback program was initially announced on July 30, 2025, following approval by Banco Santander’s Board of Directors. According to the bank’s statement, these recent purchases represent approximately 15% of the maximum investment amount allocated for the program.
With these latest transactions, Banco Santander has now repurchased approximately 14.4% of its outstanding shares since 2021.
The bank is conducting the share repurchases in compliance with EU market abuse regulations and related delegated regulations, which govern how companies can execute share buyback programs.
The information was disclosed as part of Banco Santander’s regulatory reporting requirements to keep investors informed about the progress of its share repurchase activities.
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