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Banco Santander Advances Share Buyback Program

Story Highlights
  • Banco Santander is a major player in banking, focusing on Europe and Latin America.
  • The bank’s buyback program has repurchased 13.1% of shares, boosting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Banco Santander Advances Share Buyback Program

Banco Santander ( (ES:SAN) ) has issued an update.

Banco Santander has announced the progress of its share buyback program, which was initiated to repurchase its own shares. As of March 12, 2025, the bank has invested approximately 452 million Euros, accounting for 28.5% of the program’s maximum investment amount, and has repurchased about 13.1% of its outstanding shares since 2021. This strategic move is expected to enhance shareholder value and strengthen the bank’s market position.

More about Banco Santander

Banco Santander is a leading financial institution in the banking industry, offering a wide range of financial services and products. It is known for its strong presence in both retail and corporate banking, with a significant market focus on Europe and Latin America.

YTD Price Performance: 35.77%

Average Trading Volume: 5,987,845

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £74.46B

For detailed information about SAN stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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