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Banco Santander ( (ES:SAN) ) has provided an update.
Banco Santander has provided an update on its ongoing share buyback programme, launched following board approval and conducted under EU market abuse regulations. The bank is repurchasing its own ordinary shares on European trading venues, including the Madrid stock exchange and other regulated platforms, as part of its capital management strategy.
Between 5 and 11 March 2026, Santander bought 13,456,032 shares for a total cash consideration of €1.94 billion, amounting to around 38.7% of the programme’s maximum investment. With these latest purchases, the bank has now bought back roughly 16.4% of its outstanding shares as of 2021, signalling a continued commitment to returning capital to shareholders and potentially enhancing earnings per share over time.
More about Banco Santander
Banco Santander, S.A. is a global banking group headquartered in Spain, operating primarily in retail and commercial banking, corporate and investment banking, and wealth management. The bank has a strong presence in Europe and the Americas, focusing on mass-market financial services and serving individuals, SMEs, and large corporate clients across multiple markets.
For detailed information about SAN stock, go to TipRanks’ Stock Analysis page.