Santander launches EUR 1.83 billion share buyback program

Reuters2026/08/10 16:16

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Santander launched a EUR 1.83 billion share buyback tied to 1H 2026 ordinary profit, targeting about 25% of that profit.
Program aims to cancel repurchased shares to reduce share capital under the 2026 shareholder-approved capital reduction.
Buyback expected to start Aug. 24, 2026, pending completion of the current Goldman Sachs-run program, expected to end Aug. 21.
Indicative duration of 98 trading sessions, implying an end date of Jan. 8, 2027; Santander may suspend or end it earlier.
Maximum shares to be repurchased capped at 1,468,931,950.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco Santander SA published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Santander launches EUR 1.83 billion share buyback program

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