What happens to stocks if AI loses momentum?
MADRID - Banco Santander S.A. has repurchased approximately €214.6 million worth of its own shares between July 30 and August 13, 2025, representing about 12.6% of the maximum investment amount under its current share buyback program.
According to a statement released by the Spanish banking giant on Thursday, the bank purchased 7.35 million shares during the period of August 7-13 across various trading venues including XMAD, CEUX, TQEX, and AQEU.
The weighted average price of the shares ranged from €7.71 on August 7 to €8.09 on August 13, showing a gradual increase throughout the week.
The bank reported that with these latest purchases, it has now repurchased approximately 14.3% of its outstanding shares since 2021.
The buyback program was initially announced on July 30, 2025, following approval by Banco Santander’s Board of Directors. The bank is conducting the share repurchases in compliance with EU market abuse regulations and related delegated regulations.
Transactions were executed across multiple European trading venues, with the majority of shares purchased on the Madrid Stock Exchange (XMAD).
The bank’s shares trade under the ticker SAN with ISIN code ES0113900J37.
The information was disclosed as part of Banco Santander’s regulatory requirements to report transactions carried out under its share buyback program, based on a press release statement from the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.