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Banco de Sabadell ( (ES:SAB) ) has provided an announcement.
Banco de Sabadell has announced the initiation of a share buyback program set to begin on May 9, 2025, and conclude by December 31, 2025, unless extended or terminated early by the Board of Directors. The program aims to reduce the company’s share capital by purchasing up to 413,159,663 shares, with a maximum monetary allocation of 755 million euros, thereby enhancing shareholder remuneration by increasing earnings per share.
More about Banco de Sabadell
Banco de Sabadell is a financial institution operating in the banking industry, primarily offering banking and financial services. The company focuses on providing a range of services to its shareholders and customers, with a market presence that emphasizes shareholder value and financial growth.
Average Trading Volume: 18,594,747
Technical Sentiment Signal: Buy
Current Market Cap: €13.43B
See more insights into SAB stock on TipRanks’ Stock Analysis page.