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An announcement from Banco Santander ( (ES:SAN) ) is now available.
Banco Santander has provided an update on its ongoing share buyback programme, launched under EU market abuse regulations and previously announced in early February. Between 4 and 11 February 2026, the bank repurchased 56,348,000 of its own shares across several European trading venues at weighted average prices slightly above €10.50.
The total cash outlay for these purchases reached €603.2 million, representing about 12% of the programme’s maximum authorised investment. With this latest tranche, Santander has now bought back roughly 15.6% of its outstanding shares relative to 2021 levels, underscoring management’s continued commitment to capital return and potentially enhancing earnings per share for existing investors.
More about Banco Santander
Banco Santander is a global banking group headquartered in Spain, offering retail and commercial banking, corporate and investment banking, and wealth management services. It has a strong presence in Europe and Latin America, focusing on mass-market banking while competing with other large international financial institutions.
See more insights into SAN stock on TipRanks’ Stock Analysis page.