Banco Santander ( (ES:SAN) ) has shared an announcement.
Banco Santander has announced the progress of its share buyback program, which was initiated to repurchase its own shares. As of March 26, 2025, the bank has spent approximately 573.5 million Euros, representing 36.1% of the program’s maximum investment amount, and has repurchased around 13.2% of its outstanding shares from 2021. This strategic move is aimed at enhancing shareholder value and optimizing the bank’s capital structure.
More about Banco Santander
Banco Santander, S.A. is a major financial institution operating in the banking industry, providing a wide range of financial services including retail and commercial banking, asset management, and insurance. The company has a significant presence in Europe and Latin America, focusing on delivering comprehensive banking solutions to individual and corporate clients.
YTD Price Performance: 47.97%
Average Trading Volume: 5,734,202
Technical Sentiment Signal: Sell
Current Market Cap: £83.54B
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