Banco Santander S.A. completed a three-day share buyback programme, purchasing 12.8 million of its own shares between August 24 and August 26. The transactions were executed across four trading venues: XMAD, CEUX, TQEX and AQEU.
On Sunday, the bank repurchased 4.8 million shares at weighted average prices ranging from €12.6199 to €12.7146. Trading resumed on Monday with 6 million shares acquired, including 3.6 million shares on XMAD, the primary venue. Tuesday’s activity totaled 2 million shares. The combined cash outlay for the programme reached €161.98 million, broadly reported as €162 million.
The weighted average purchase price per share fell within a narrow band of €12.62 to €12.71, reflecting orderly market conditions during the programme. The expenditure represented approximately 8.9% of the maximum investment amount allocated under the buyback initiative, which was initially announced on August 10, 2026. As of the latest reporting, the programme has repurchased roughly 18% of the bank’s outstanding shares since its inception.
The transactions were conducted in compliance with the EU Market Abuse Regulation and related delegated regulations, following approval by Banco Santander’s Board of Directors. The bank’s ordinary shares are listed under ISIN code ES0113900J37.
