Banco de Sabadell ( (ES:SAB) ) has issued an announcement.
Banco de Sabadell has announced the initiation of a share buyback program starting March 31, 2025, with the aim of reducing its share capital and enhancing shareholder remuneration by increasing earnings per share. The program, which will be executed by Goldman Sachs Bank Europe SE, is set to conclude by December 31, 2025, unless the maximum monetary amount of 247 million euros or the maximum number of shares is reached earlier. This strategic move is expected to positively impact the bank’s financial metrics and shareholder value.
More about Banco de Sabadell
Banco de Sabadell is a prominent financial institution operating in the banking industry, offering a range of financial services including retail banking, corporate banking, and asset management. The bank primarily focuses on the Spanish market but also has a presence in international markets.
YTD Price Performance: 44.62%
Average Trading Volume: 5,453,412
Technical Sentiment Signal: Sell
Current Market Cap: €14.13B
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