CAIXABANK (ES:CABK) has released an update.
CaixaBank has been actively repurchasing its own shares, acquiring a total of 9,152,040 shares between October 11 and October 17, 2024, as part of its ongoing share repurchase program. This effort forms part of a larger initiative where the bank has bought back 60,959,008 shares, amounting to over 322 million euros, representing 64.42% of the program’s financial target. This strategic move is aimed at enhancing shareholder value and optimizing the bank’s capital structure.
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