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Banco Santander ( (ES:SAN) ) just unveiled an announcement.
Banco Santander has announced its decision to execute an optional early redemption of its outstanding EUR 1.5 billion Contingent Convertible Perpetual Preferred Tier 1 Securities. This action, authorized by the European Central Bank, will occur on 19 March 2025 and involves payment of the redemption price to holders, potentially impacting the company’s financial strategies and stakeholders.
More about Banco Santander
Banco Santander S.A. is a leading financial services company operating in the banking industry. It provides a wide range of banking products and services, including retail banking, wholesale banking, and asset management, with a strong market presence across Europe and Latin America.
YTD Price Performance: 9.08%
Average Trading Volume: 7,918,668
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £61.27B
For an in-depth examination of SAN stock, go to TipRanks’ Stock Analysis page.
