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Banco Santander Advances Share Buy-back Programme

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  • Banco Santander initiated a buy-back program, spending 134 million Euros on shares.
  • The buy-back reflects Santander’s strategy to boost shareholder value and market position.
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Banco Santander Advances Share Buy-back Programme

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An update from Banco Santander ( (ES:SAN) ) is now available.

Banco Santander has announced the execution of its Buy-back Programme, purchasing its own shares between February 6 and 12, 2025, totaling an expenditure of 134,474,390 Euros. This represents 8.5% of the program’s maximum investment and approximately 12.8% of its outstanding shares as of 2021. This buyback initiative highlights the bank’s commitment to enhance shareholder value and maintain its competitive positioning in the financial market.

More about Banco Santander

Banco Santander S.A. is a global financial services company operating in the banking industry. It provides a wide range of financial products and services, focusing on retail and commercial banking, asset management, and insurance. The company has a strong market presence in Europe and Latin America.

YTD Price Performance: 29.40%

Average Trading Volume: 7,313,346

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £72.82B

See more data about SAN stock on TipRanks’ Stock Analysis page.

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