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Banco Santander ( (ES:SAN) ) has provided an update.
Banco Santander disclosed an internal share transaction involving Agropecuaria El Castaño, S.L.U., a company closely associated with board director Francisco Javier Botín-Sanz de Sautuola O´Shea. Agropecuaria El Castaño, S.L.U. contributed 13,135,613 Banco Santander shares to another Botín-controlled entity, Agropecuaria El Castaño Ibérica, S.L.U., at a reference price of €10.00 per share, based on the market closing price on 23 December 2025, with Javier Botín holding 100% of the share capital in both companies. The off-market restructuring consolidates the director’s family holdings within related vehicles without changing Banco Santander’s overall share capital, but it underscores the scale and continued reorganization of insider-related stakes in the bank.
More about Banco Santander
Banco Santander, S.A. is a global banking group headquartered in Spain, focused on retail and commercial banking, corporate and investment banking, and wealth management services. The bank’s ordinary shares, with a nominal value of €0.50, are listed and actively traded in European capital markets, reflecting its significant role in the regional and international financial industry.
See more data about SAN stock on TipRanks’ Stock Analysis page.