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Banco Santander ( (ES:SAN) ) has provided an update.
Banco Santander has announced the progress of its share buyback program, revealing that it has repurchased shares worth 603,268,044 Euros, accounting for approximately 35.5% of the program’s maximum investment. This initiative, which has led to the repurchase of about 14.6% of its outstanding shares since 2021, is part of the bank’s strategic efforts to enhance shareholder value and optimize its capital structure.
More about Banco Santander
Banco Santander, S.A. is a prominent financial institution operating in the banking industry, offering a wide range of financial products and services. The company focuses on retail and commercial banking, and it is known for its significant presence in Europe and Latin America.
For a thorough assessment of SAN stock, go to TipRanks’ Stock Analysis page.