The latest update is out from Banco Santander ( (ES:SAN) ).
Banco Santander has announced the progress of its share buyback program, with a total purchase of shares amounting to 512,284,850 Euros, representing 32.3% of the program’s maximum investment. This initiative, which has led to the repurchase of approximately 13.1% of its outstanding shares since 2021, is part of the bank’s strategy to optimize capital structure and enhance shareholder returns.
More about Banco Santander
Banco Santander is a prominent financial institution operating in the banking industry, offering a wide range of financial services including retail banking, corporate banking, and investment banking. The company is focused on expanding its market presence and enhancing shareholder value through strategic initiatives.
YTD Price Performance: 48.24%
Average Trading Volume: 5,286,196
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £83.47B
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