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The latest announcement is out from Banco Santander ( (ES:SAN) ).
Banco Santander has announced the implementation of a share repurchase program, targeting approximately 25% of the Group’s underlying profit for the first half of 2025, equating to around 1,700 million euros. This move is part of the bank’s shareholder remuneration policy, aiming to enhance shareholder value through capital reduction. The program will run from July 31, 2025, to January 3, 2026, with the potential for early termination if financial targets are met. This strategic action is expected to strengthen the bank’s market position and provide significant returns to shareholders.
More about Banco Santander
Banco Santander S.A. is a prominent financial institution operating in the banking industry, offering a range of financial services including retail and commercial banking, asset management, and insurance. The bank is known for its extensive market presence across Europe and Latin America.
For an in-depth examination of SAN stock, go to TipRanks’ Overview page.