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BBVA considers buybacks after failed Sabadell bid, Bloomberg says

BBVA (BBVA) is considering large share buybacks as it seeks to return capital to shareholders following its failed bid for Banco Sabadell, Jorge Zuloaga of Bloomberg reports, citing a person familiar with the matter. BBVA could announce a share repurchase of EUR 2B as a first tranche, with more to follow, the source told Bloomberg.

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