BofA update shows where active managers are putting money
MADRID - Banco Santander S.A. (BME:SAN) has repurchased 5.18 million of its own shares between August 21 and August 27, 2025, according to a statement released by the bank on Thursday.
The Spanish banking giant spent approximately €42 million on the share repurchases during the seven-day period, with weighted average prices ranging from €8.06 to €8.29 per share. The transactions were executed across multiple trading venues including XMAD, CEUX, TQEX, and AQEU.
These latest purchases bring the total cash amount spent on the buyback program to €297.73 million, representing about 17.5% of the maximum investment amount allocated for the initiative. The program was initially announced on July 30, 2025.
With these repurchases, Banco Santander has now bought back approximately 14.4% of its outstanding shares since 2021, according to the bank’s statement.
The buyback program is being conducted in compliance with European market abuse regulations, specifically Article 5 of Regulation (EU) No. 596/2014 and Articles 2.2 and 2.3 of Commission Delegated Regulation (EU) 2016/1052.
The largest single-day repurchase during the period occurred on August 26, when the bank bought 1.57 million shares on the Madrid Stock Exchange (XMAD) at an average price of €8.14 per share.
Banco Santander’s share repurchase initiative is part of the bank’s capital management strategy, as outlined in its previous communications to investors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.